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$519,000

969 Mikaela Drive, Allen, TX, 75013

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,847 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$281 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Microwave, Convection Oven
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size4,273 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNR-11592-00F-0140-1
Lot Number14
SubdivisionVillage At Twin Creeks Phase Four (Cal)
Land UseResidential
Legal DescriptionVILLAGE AT TWIN CREEKS PHASE FOUR (CAL), BLK F, LOT 14
Census Tract031507
Assessed Land Value$175,000
Assessed Improvement Value$402,186
Assessment Year2025

About this property

Offer Deadline set for Monday Dec 5th at 10am. Beautiful single story located in highly desirable Villages of Twin Creeks with modern design elements & light colors! Built by Normandy Homes in 2020 and in Allen ISD! The main living area features an open concept floor plan with gas log fireplace & wall of windows overlooking the private backyard! Luxury kitchen with granite countertops, large island, white cabinets, stainless appliances & glass tile backsplash. Private office with french doors and lots of natural lighting! Additional features include engineered wood flooring in living, dining, kitchen & office, pattern carpet in bedrooms, designer lighting & premium Casablanca ceiling fans in living & master, and quartz counters in both bathrooms! Primary suite is tucked away on the back of the home with large bath & closet and windows overlooking backyard! HOA covers front and side yard maintenance and has community pool & clubhouse to enjoy!

Investor Tools

Property Icon
$577,186
Estimated Property Value
$0Estimated Mortgage Balance
$179,228Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,463 /month
Positive
Cash Flow Estimate:
$1,154 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$921/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,163
$577,186
2025
$175,000
$402,186
$577,186
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,163
$577,186

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Low Va Rates Llc
Conventional
$424,800
No
First
Dec 27, 2022
Jan 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$397,958
$179,228
31%
69%
$2,547/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,140/mo
$3,447/mo
$-307/mo
6.5%

Learn About the Market: Opportunity in Texas

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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.

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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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