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$414,000

912 Mustang Dr, Allen, TX, 75002

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,083 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.57 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCeramic Tile, Wood

Building Information

Year Built1993
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-2086-00A-0240-1
Lot Number24
SubdivisionHeritage Park Phase Two (Cal)
Land UseResidential
Legal DescriptionHERITAGE PARK PHASE TWO (CAL), BLK A, LOT 24
Census Tract031424
Assessed Land Value$123,500
Assessed Improvement Value$249,759
Assessment Year2025

About this property

Beautifully updated, and Move-In ready home offers 4BRs,2Baths,2LivingRm,2Dining&2CarGarage nestled in a quite & family oriented neighborhood-NoHOA. Close to all amenities, Walk to City of Allen Parks, School&Bike Trail. Close to all Amenities-shopping, Dining,Employment & Easy Access to Hwy75. OpenLayout-StackedFormalLiving&Dining has lots of windows-Light&Bright. Allergy free & BeautifulHardwoodFlr throughout the house. Kitchen w granite CtrTops,GasRange & Skylight. HugeMasterBR w SittingArea, & 2WIC. Updated MasterBath w frameless Shower& JettedTub. 2 Secondary BR has WIC & hallway bath is also updated. New GasHotWaterHeater July 2020 & approx 8yearOldRoof. Easy Maintenance Corner Lot with sturdy iron fence.

Investor Tools

Property Icon
$414,000
Estimated Property Value
$288,800Estimated Mortgage Balance
$155,861Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,484 /month
Positive
Cash Flow Estimate:
$828 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$601/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,148
$373,259
2025
$123,500
$249,759
$373,259
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,148
$373,259

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$288,800
No
First
Nov 24, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,139
$155,861
37%
62%
$1,732/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$1,732/mo
+$1,618/mo
9.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Allen

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912 Mustang Dr | Property Details | No Agent List