tomo logo

$450,000

Beds
3
Baths
2.0
sq ft
1,875

1623 Tanglewood Dr, Allen, TX 75002

1623 Tanglewood Dr

Allen, TX 75002

  • 24 days on market
    • Price drop $5,000↓
**MOTIVATED SELLER**Move-in ready! This charming 3-bedroom, 2-bath home features an open floor plan with a spacious living room, complete with a cozy gas log fireplace, seamlessly flowing into the eat-in kitchen and adjacent dining room. The expansive master suite is separated from the secondary bedrooms and offers ceramic tile in the master bath along with a roomy walk-in closet. Elegant details throughout include rounded corners, archways, crown molding, 10-foot ceilings, and custom neutral-toned paint. Step outside to a private backyard enclosed by an 8-foot board-on-board cedar fence, complemented by a full sprinkler system. Ideally situated just minutes from shopping, schools, parks, and Central Expressway. Don’t miss out!!

Details

Property type

Single Family Residence

Est. home value

$420,182

Lot size

7,405.2 sq ft

Price per sq ft

$240

Year built

2004

Annual property taxes

$7,386

Monthly HOA fee

$12.5

Price History

02/19/2025
NTREIS

NTREIS #20829289

Price change
$450,000
-1.1%
02/07/2025
NTREIS

NTREIS #20829289

Price change
$455,000
-2.15%
01/29/2025
NTREIS

NTREIS #20829289

Listed
$465,000

Schools & Community

Elementary school: 

Chandler

Middle school: 

Ford

High school: 

Allen

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

$14,049
Asking price
$450,000
Closing costs (~8% of asking)
-$36,000
Est. remaining loan balance
-$399,951
Cash to seller
$14,049

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

Seller’s Loan History

Lender

Fairway Independent Mortgage Corp

Loan start date

April 2022

Original loan amount

$422,211

Est. remaining balance

$399,951

Interest rate

3.89%

Loan type

FHA, 30 year

Seller

Murtaza Farooqui and Basma Taufiq

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?

Similar Homes Nearby

NTREIS
$499,000
3 bd
|
2 ba
|
2,034 sq ft
|
House

1031 Grand Teton Dr, Allen, TX 75002

Price drop
NTREIS
$434,500
3 bd
|
2 ba
|
2,038 sq ft
|
House

811 Cornell Ln, Allen, TX 75002

Price drop
NTREIS
$462,500
3 bd
|
2 ba
|
2,132 sq ft
|
House

810 Spring Brook Dr, Allen, TX 75002

Status: Active

Tomo last checked: 02/23/2025 at 2:00 PM

Listing updated: 02/19/2025 at 2:38 PM

Listed by: Andrea Aslam, Fathom Realty Phone #: (888) 455-6040

MLS: NTREIS #20829289

NTREIS logo

Recently listed in Allen

$674,680|3 bd|4.0 ba|House
$700,000|3 bd|2.0 ba|House
$850,000|5 bd|5.0 ba|House
$314,900|3 bd|2.0 ba|House
$925,000|5 bd|5.0 ba|House
$375,000|3 bd|2.0 ba|House
$514,900|4 bd|3.0 ba|House
$850,000|3 bd|3.0 ba|House
$580,000|4 bd|3.0 ba|House