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$765,000

513 Mefford Ln, Allen, TX, 75013

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,366 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.27 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater, Microwave, Plumbed For Gas, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood, Wood

Exterior

Exterior FeaturesLighting, Private Yard, Rain Gutters
Lot Size16,903 sqft

Building Information

Year Built2006
Stories2
Garage Spaces2

Land Information

APNR-8841-00G-0270-1
Lot Number27
SubdivisionPark At Montgomery Farm The (Cal)
Land UseResidential
Legal DescriptionPARK AT MONTGOMERY FARM THE (CAL), BLK G, LOT 27
Census Tract031510
Assessed Land Value$204,000
Assessed Improvement Value$551,946
Assessment Year2026

About this property

Beautiful Darling built timeless Craftsman Architecture in sought-after The Park at Montgomery Farm, Set on a rare private .25 Acre lot, with an exceptional park-like setting and unmatched location. Enjoy relaxing on your expansive covered flagstone porch wrapping around three sides of the home, creating beautiful outdoor living spaces surrounded by mature landscaping and peaceful views. Step inside to a light-filled, open floorplan designed for both everyday living and effortless entertaining. Handscraped hardwood floors flow through the spacious living, kitchen and breakfast areas with Plantation Shutters. The gourmet kitchen features granite countertops, stainless steel appliances, gas cooktop, tile backsplash, abundant cabinetry and walk-in pantry. The elegant formal dining room welcomes guests with designer-inspired lighting, while a private study with French doors provides an ideal work-from-home retreat. The first floor primary suite is a true sanctuary, offering tranquil backyard views and a separate sitting area. The beautifully updated spa-inspired bath features quartz vanity, dual sinks and a stunning oversized walk-in shower with frameless glass. An expansive 12x13 walk-in closet provides exceptional storage. Upstairs, three generously sized bedrooms with walk-in closets, and two updated full bathrooms. Spacious game room could also be used as second living area or media room. Large utility room with space for second refrigerator. Oversized 2.5-car 28 ft. deep garage with room for a workshop or additional storage. All of this in an exceptional Allen location—just steps from award-winning Norton Elementary and convenient access to Hwy 75 and SH 121, Allen, McKinney, Plano and Frisco. Enjoy access to miles of walking trails on Watters Trail, playgrounds, parks. Less than 2 miles to Watters Creek, shopping, dining, entertainment. Distinctive architecture, a remarkable private lot and an incredible location come together to create a spectacular home.

Investor Tools

$670,941Estimated Mortgage Balance
$85,005Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,590 /month
Positive
Cash Flow Estimate:
$1,530 /month

Interested in this property?

Rhonda Bennett

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,201/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,634
$755,946
2026
$204,000
$551,946
$755,946
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,634
$755,946

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Unknown
$710,000
No
First
Sep 7, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$670,941
$85,005
11%
89%
$4,257/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,140/mo
$5,007/mo
$-1,867/mo
5.0%

City: Allen

513 Mefford Ln | Property Details | No Agent List