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$450,000

984 Mikaela Dr, Allen, TX, 75013

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,841 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$244.43 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3.5Bathrooms Full 3.5
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size2,744 sqft

Building Information

Year Built2020
Stories2
Garage Spaces2

Land Information

APNR-11592-00G-0370-1
Lot Number37
SubdivisionVillage At Twin Creeks Phase Four (Cal)
Land UseResidential
Legal DescriptionVILLAGE AT TWIN CREEKS PHASE FOUR (CAL), BLK G, LOT 37
Census Tract031507
Assessed Land Value$118,750
Assessed Improvement Value$351,667
Assessment Year2025

About this property

PRICE IMPROVEMENT! Motivated seller. Great opportunity to purchase in a great community!! Stunning 3 bed, 3.1 bath end-unit townhome with 2-car attached garage in the heart of Allen. Bright and airy with loads of windows, the open-concept main floor features a spacious living room with soaring ceilings and wood look tile floors, and a modern kitchen with quartz counters, stainless steel appliances, gas range, breakfast bar, and pantry. One bedroom with ensuite bath and walk-in closet is located on the main level, plus a convenient guest powder bath. Fenced backyard upgraded with turf, landscaping, and patio—perfect for entertaining. Upstairs offers a huge owner’s suite with oversized shower, soaking tub, dual vanities, and walk-in closet, plus a third bedroom, full bath, and flex space ideal for a home office or second living area. Community amenities include a resort-style pool with cabanas, fitness center, clubhouse, and hiking and biking trails. Minutes to shopping, dining, and top-rated schools.

Investor Tools

Property Icon
$470,417
Estimated Property Value
$290,000Estimated Mortgage Balance
$183,798Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,823 /month
Positive
Cash Flow Estimate:
$941 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$793/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,165
$470,417
2025
$118,750
$351,667
$470,417
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,165
$470,417

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lending Base Inc
Conventional
$290,000
No
First
Sep 16, 2025
Oct 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,619
$183,798
39%
61%
$1,739/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,140/mo
$2,164/mo
+$976/mo
8.0%

Learn About the Market: Opportunity in Texas

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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.

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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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984 Mikaela Dr | Property Details | No Agent List