tomo logo

$525,000

Beds
4
Baths
2.0
sq ft
2,124

1608 Balboa Ln, Allen, TX 75002

1608 Balboa Ln

Allen, TX 75002

  • 33 days on market
This charming single-story home offers a private pool and outdoor kitchen, creating a perfect setting for both relaxation and entertaining. The pool features a tanning ledge and a built-in seating area beneath an umbrella, ideal for enjoying drinks or snacks while staying cool in the water. The covered patio with a built-in grill is designed for effortless hosting, while the grassy side yard is perfect for pets or play equipment. Inside, the home boasts a bright and airy open-concept layout with all hard-surface floors, including light wood-like tile and luxury vinyl plank, making it ideal for families and pet owners. Fresh white paint and updated, on-trend lighting fixtures give the home a modern, almost new-construction feel. The living room is flooded with light and features a stunning fireplace, while the updated, eat-in kitchen offers granite countertops and stainless steel appliances. The secondary bedrooms are thoughtfully split for added privacy, and with four bedrooms total, there’s plenty of room for a home office. The garage features epoxy floors for added durability. Situated in a prime location, this home offers easy access to HWY 75, perfect for quick commutes to Plano and Dallas. Just minutes away from the award-winning Joe Farmer Recreation Center and Celebration Park, as well as shopping, dining, and entertainment, making it the perfect spot to call home.

Details

Property type

Single Family Residence

Est. home value

$501,324

Lot size

7,405.2 sq ft

Price per sq ft

$248

Year built

2005

Annual property taxes

$6,544

Monthly HOA fee

$12.5

Price History

02/27/2025
NTREIS

NTREIS #20843751

Listed
$525,000
10/23/2023
NTREIS

NTREIS #20393485

Removed

Schools & Community

Elementary school: 

Chandler

Middle school: 

Ford

High school: 

Allen

Community features: 

Curbs, Sidewalks

School district: 

Allen ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$733
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$482,267
Cash to seller
$733

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Integrity Mortgage Corp

Loan start date

October 2023

Original loan amount

$489,250

Est. remaining balance

$482,267

Interest rate

7.12%

Loan type

Not Provided, 30 year

Seller

Jeremy Schwahn and Darice Lopez

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/01/2025 at 3:55 PM

Listing updated: 03/26/2025 at 10:16 PM

Listed by: Hannah Ewing, Acquisto Real Estate Phone #: (972) 396-7512

MLS: NTREIS #20843751

NTREIS logo

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