1207 Spring Creek Dr Allen, TX 75002

4 beds · 2 baths · 2,157 sq ft · Lot Size: 8,572 sq ft · Single Family Home · Cottonwood Bend
Est. Property Value: $483,019
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1207 Spring Creek Dr is in the Cottonwood Bend neighborhood of Allen, TX. It is located in Collin County and ZIP code 75002. This Single Family Home was built in 1993 and is approximately 32 years old. The single family home spans 2157 sq ft with 4 bedrooms and 2 bathrooms and sits on a 8572 sq ft lot. According to public records, it was last sold in 2019 for $345,563 and has a tax-assessed value of $453,465, which is $224 per sq ft. The Cottonwood Bend area of Allen has 425 residential homes with an average size of 2527 sq ft. Analyze and compare real estate investment strategies for properties like this home at 1207 Spring Creek Dr Allen, TX 75002 with Property Intel by Whitepages.

1207 Spring Creek Dr

Allen, TX 75002

Neighborhood

Owners & Occupancy for 1207 Spring Creek Dr

No contact information is available.

Occupancy

Resident 1********************* age 41
Resident 2************************ age 53

Property Financials for 1207 Spring Creek Dr

1207 Spring Creek Dr, Allen, TX has a mortgage from Nortex Mtg (orig. March 08, 2019). The Collin county assessment for 2023 values it at $453,465, with annual taxes of $6,682.

Mortgage & Equity Information

Loan Amount$******
LenderNortex Mtg
Origination DateMarch 08, 2019
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity

Property Tax

Purchase DateMarch 08, 2019
Property Tax Amount$6,682 in 2023
Purchase Price$345,563
Assessed Value$453,465 on 2023

Investment Potential for 1207 Spring Creek Dr

The property has a current estimated value of $483,019, which is 3% below the neighborhood median, based on public records. It last sold on March 08, 2019 for $346K. Projected long-term
is $56,400 annually ($4,700 per month) with a 96% occupancy rate.

Discover more Single Family Homes in Cottonwood Bend.

Long-Term

Gross Rental
$56,400 per year($4,700 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 75002 zip code
 
View Rental Potential

Property Details for 1207 Spring Creek Dr

Property Details

Property Sq Ft

Living Area

2,157 sq ft

15% below market

Lot Size

8,572 sq ft

5% below market

Price Per Sq Ft

Living Area

$224 / sq ft

12% above market

Lot Size Area

$56 / sq ft

3% above market

Property condition, age, exterior, etc. for 1207 Sprin…
Longitude: -96.662782 Latitude: 33.07743 Parcel Number (APN): R-2618-00C-0040-1…

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Discover more single family homes near 1207 Spring Creek Dr in Allen, Texas. Get property details like ownership length, owner age, and occupancy status to help you find the best real estate opportunities in this neighborhood.

Market Benchmarks

Compare data for 1207 Spring Creek Dr in Collin County to the median in the neighborhood area and surrounding markets, where available.
View neighborhood benchmarks
Property
State
Difference
$483,019
$430,831
$52,188 (12%)
YoY Price Change
Year Built
1993
2003
-10 years
Living Space
2,157 sq ft
2,716 sq ft
-559 (-21%)
$ Per Living Sq Ft
$224
$163
$61 (37%)
Lot Size
8,572 sq ft
8,628 sq ft
-56 (-1%)
$ Per Lot Sq Ft
$56
$50
$7 (13%)

Net Operating Income
$17,336
$21,300 (123%)
Annual Revenue
$56,400
$34,200
$22,200 (65%)
$16,279
$1,485 (9%)
Net Operating Income
$17,336
$21,300 (123%)
Cap Rate
4.34%
Home Value Comparison: Property vs. Local and Regional 4-Bed Single Family Home Medians

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