NOT LISTED FOR SALE

1040 Drew Ln Allen, TX 75013

Watters Crossing Neighborhood

Estimated Value: $630,444 - $679,000

3 Beds
3.5 Baths
2,481 Sq Ft
$263/Sq Ft Est. Value

Last Sold November 09, 2021

Current estimated payment $4,222/month

12 Days on Market

Highlights

  • New Construction
  • Clubhouse
  • Mediterranean Architecture
  • Frances E. Norton Elementary School Rated A
  • Wood Flooring
  • Covered Patio or Porch

About This Home

As of November 2021

MLS#14604604 Built by Darling Homes, the 1025 H - Ready September! This City Collection home features a stucco elevation, open concept kitchen overlooking a large family room with 20 ft. ceiling. Large upstairs owner's bedroom with adjacent study for an office or workout space. The owner's suite features vaulted ceiling, double sinks and a walk-in shower. 1st Floor Living with a covered patio for indoor - outdoor entertaining. This modern floor plan features neutral colors and a distinctive layout for any lifestyle. Structural options added to 1040 Drew Lane include: opt. owner's shower, 12' sliding glass door. REPRESENTATIVE PHOTOS ADDED!

Last Agent to Sell the Property

Bobbie Alexander

Alexander Properties License #0442092 Listed on: 06/18/2021

Last Buyer's Agent

Sam Moussa

JPAR North Metro License #0683139

JPAR North Metro

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,483

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 3,398 Sq Ft Lot
  • Lot Dimensions are 32 x 105
  • Aluminum or Metal Fence
  • Landscaped
  • Sprinkler System

HOA Fees

  • $95 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Oversized Parking
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Slate Roof
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,481 Sq Ft Home
  • 2-Story Property
  • Sound System
  • Ceiling Fan
  • ENERGY STAR Qualified Windows

Kitchen

  • Double Oven
  • Plumbed For Gas In Kitchen
  • Gas Cooktop
  • Commercial Grade Vent
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Home Security

  • Burglar Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Outdoor Features

  • Covered Patio or Porch

Schools

  • Norton Elementary School
  • Ereckson Middle School
  • Allen High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Tankless Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 13 / A
  • Assessor Parcel Number R1130600A01301

Community Details

Overview

  • Association fees include full use of facilities, maintenance structure
  • Montgomery Farm Master Property Owner's Associatio HOA, Phone Number (972) 359-1548
  • Located in the Montgomery Farms master-planned community
  • Montgomery Farms Angel Field Subdivision
  • Mandatory home owners association
  • Greenbelt

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Jogging Path

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,483

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$95 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mediterranean
  • Structural Style: Single Detached
  • Unit Levels: Two
  • Planned Development: Montgomery Farms
  • Restrictions: Easement(s)
  • Security: Burglar, Carbon Monoxide Detector(s), Fire Alarm, Prewired, Security System, Smoke Detector(s)
  • Year Built Details: New Construction - Incomplete
  • Multi Parcel I D Y N: No
  • Municipal Utility District Y N: No
  • Will Subdivide: No
  • Accessibility Features Yn: No
  • Ratio Current Price By Building: 231.36638
  • Special Features: NewHome
  • Year Built: 2021

Interior Features

  • Square Footage: 2481.00
  • Interior Amenities: Cable TV Available, High Speed Internet Available, Sound System Wiring
  • Flooring: Carpet, Ceramic Tile, Wood
  • Appliances: Commercial Grade Vent, Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Plumbed For Gas in Kitchen, Tankless Water Heater
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 2
  • Room Count: 9

Beds/Baths

  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Easements: Utilities
  • Pool: No
  • Foundation: Slab
  • Community Features: Club House, Jogging Path/Bike Path
  • Fencing: Metal
  • Roof: Slate, Tile
  • Construction Materials: Stucco
  • Exterior Features: Covered Patio/Porch
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Ceiling Fan(s), Central Air, Electric, Zoned
  • Garage Spaces: 2
  • Total Covered Spaces: 2
  • Parking Features: Garage Door Opener, Garage, Garage Faces Rear, Oversized
  • GarageYN: Yes

Utilities

  • Heating: Central, Natural Gas, Zoned
  • Utilities: City Sewer, City Water, Community Mailbox, Concrete, Sidewalk, Underground Utilities

Condo/Co-op/Association

  • HOA Fee Includes: Full Use of Facilities, Maintenance Structure
  • Association Fee: 1140
  • Association Fee Frequency: Annually
  • Association Type: Mandatory
  • Hoa Management Company: Montgomery Farm Master Property Owner's Associatio
  • HOA Management Company: (972) 359-1548

Schools

  • School District: Allen ISD
  • Elementary School: Norton
  • Middle School: Ereckson
  • High School: Allen
  • School District: Allen ISD
  • Elementary School: Norton
  • High School: Allen

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Features: Greenbelt, Landscaped, Sprinkler System, Subdivision
  • Lot Size Units: Acres
  • Lot Size Area: 0.0780
  • Lot Size: 32 x 105
  • Parcel Number: R1130600A01301
  • Lot Size Acres: 0.0780
  • Lot Size Sq Ft: 3397.6800

Green Features

  • Efficiency: Appliances, HVAC, Insulation, Thermostat, Waterheater, Windows
  • Smart Home Features Appor Pass Y: No
  • Green Verification Count: 2

Building Info

  • Year Built: 2021
  • SeniorCommunityYN: No

Tax Info

  • TaxBlock: A
  • Tax Lot: 13

MLS Schools

  • MiddleOrJuniorSchool: Ereckson
  • Middle School Name: Ereckson
  • Elementary School Name: Norton
  • High School Name: Allen

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2021
Closed on
Nov 9, 2021
Sold by
Darling Homes Of Texas Llc
Bought by
Khan Muhammad Sabih and Khan Maira Sheikh
Seller's Agent
Bobbie Alexander
Alexander Properties
Buyer's Agent
Sam Moussa
JPAR North Metro
List Price
$574,020
Current Estimated Value
$652,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.27%
Original Mortgage
$459,020
Outstanding Balance
$419,966
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$232,145

Purchase Details

Listed on
Jun 18, 2021
Closed on
Nov 5, 2021
Sold by
Darling Homes Of Texas Llc
Bought by
Khan Muhammad Sabih and Khan Maira Sheikh
Seller's Agent
Bobbie Alexander
Alexander Properties
Buyer's Agent
Sam Moussa
JPAR North Metro
List Price
$574,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$459,020
Outstanding Balance
$419,966
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$232,145
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Khan Muhammad Sabih -- None Available
Khan Muhammad Sabih -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Muhammad Sabih $459,020
Closed Khan Muhammad Sabih $459,020
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2021 11/09/21 Sold -- -- --
06/30/2021 06/30/21 Pending -- -- --
06/18/2021 06/18/21 For Sale $574,020 -- $231 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,483 $611,218 $163,400 $496,468
2024 $8,483 $555,653 $148,200 $407,453
2023 $8,483 $510,000 $129,200 $380,800
2022 $10,979 $553,005 $114,000 $439,005
2021 $1,331 $62,586 $62,586 $0
2019 $1,383 $59,850 $59,850 $0
2018 $1,341 $57,000 $57,000 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2021

    Bobbie Alexander

    Alexander Properties

    (281) 619-8241

    25 in this area

    4,858 Total Sales

    Bobbie Alexander
    Section Image

  • S

    Buyer's Agent in 2021

    Sam Moussa

    JPAR North Metro

    (214) 772-1725

    1 in this area

    6 Total Sales

    Sam Moussa
    Section Image
See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 14604604

North Texas Real Estate Information Systems (NTREIS)

APN: R-11306-00A-0130-1

Texas Collin County Allen 75013 Watters Crossing

1040 Drew Ln, Allen, TX

This home is located at 1040 Drew Ln, Allen, TX 75013 since 18 June 2021 and is currently estimated at $652,111, approximately $262 per square foot. This property was built in 2021. 1040 Drew Ln is a home located in Collin County with nearby schools including Frances E. Norton Elementary School, Ereckson Middle School, and Lowery Freshman Center.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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