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1509 Collin Drive
About This Property
Commuters will appreciate quick access to the 75 Central Expressway, connecting you effortlessly to Plano, Richardson, and downtown Dallas. The Shiloh Road DART station also provides convenient rail access for car-free commuting options. At this compelling price point, the opportunity to customize and build equity in a thriving Allen community is rare.
Whether you envision your forever home, or a smart investment property, 1509 Collin Drive delivers on every front!
This is one you simply DO NOT WANT TO MISS!!!
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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 |
|---|---|---|---|
| Sep 16, 2026 | Listed by United Real Estate | $345,000 | |
| Listed by United Real Estate | |||
| Feb 4, 2025 | No longer available | - | |
| No longer available | |||
| Dec 7, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Listed by Goldman Briggs | $369,900 | |
| Listed by Goldman Briggs | |||
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WELCOME HOME!!!! This charming two story house, conveniently located in Allen, is simply beautiful and a MUST SEE!! This is the perfectly maintained home that you've been searching for! This beautiful 3 bedroom, 2.5 bath home has a beautiful recently UPDATED Kitchen with BRAND NEW Appliances, Quartz Countertops, and beautiful backsplash! The beautifully constructed eat in bar, along with the open concept of the Family and Dining room is perfect for entertaining guests!! The guest Bathrooms have also been beautifully updated and hardwood flooring, along with new carpeting, have been added throughout! This home also features a very large Master Bedroom with a HUGE Master Bathroom AND large walk-in Closet! All three Bedrooms are upstairs.
The other features include a large open Family room downstairs with a wood burning fireplace for those cozy Winter nights! This is one you simply DO NOT WANT TO MISS!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017