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1523 Collin Drive
About This Property
Enjoy the covered private patio, perfect for outdoor seating, relaxing, or gardening. Walking distance to a neighborhood park and conveniently located near Hwy 75 and President George Bush Turnpike, providing easy access to shopping, dining, schools, and major employers. Just minutes from Waters Creek and other local amenities.
A rare opportunity to own a well-maintained home priced under $300K in Allen ISD with NO HOA. Great location, great value, and ready for immediate move-in. Schedule your showing today!
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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 11, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Price Increased |
$299,800
↑ $30K
(11.1%) | |
| Price Increased | |||
| Jul 8, 2026 | Price Decreased |
$269,800
↓ $20K
(6.9%) | |
| Price Decreased | |||
| Jun 26, 2026 | Price Decreased |
$289,800
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Jun 12, 2026 | Listed by Sunet Group | $299,800 | |
| Listed by Sunet Group | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017