14
Map
1323 Timberview Drive
About This Property
Featuring solid bones and a functional layout, this property is ready for cosmetic improvements and modernization. With the right updates, investors have the chance to capitalize on Allen's consistently desirable housing market and strong rental fundamentals. Opportunities like this are becoming increasingly difficult to find in one of North Texas' most sought-after communities.
The location is a major advantage. Situated just minutes from US-75 and SH-121, commuting throughout the Dallas-Fort Worth Metroplex is convenient and efficient. Residents enjoy close proximity to Allen Premium Outlets, Watters Creek, The Village at Allen, Fairview Town Center, top-rated dining, entertainment, parks, and everyday shopping. Major employment corridors, corporate campuses, and recreational amenities are all within easy reach.
1323 Timberview Dr. presents an exceptional opportunity to create value in a prime Allen location. Bring your contractor, your creativity, and your vision-this is the investment opportunity you've been waiting for.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 13, 2026 | Sold | ||
| Sold | |||
| Jul 4, 2026 | In contract | - | |
| In contract | |||
| Jul 1, 2026 | Price Decreased |
$220,000
↓ $9K
(3.9%) | |
| Price Decreased | |||
| Jun 16, 2026 | Relisted | $229,000 | |
| Relisted | |||
| Jun 11, 2026 | In contract | - | |
| In contract | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017