206 Watson Drive Allen, TX 75002 New

UPDATED: 11/01/2026 08:04 PM ON SITE: 8 days on site

$499,000

5 Beds3 Baths2,649 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,649 sqft

Subdivision Allenwood Estates #2

MLS Listing ID 21419729

Bedrooms 5

Full Baths 3

HOA Y/N None

Year Built 1962

Annual Tax Amount $8,664

Lot Size 0.480 Acres

Acres 0.48

Property Sub-Type Single Family Residence

Property Description

Rare opportunity - nearly half an acre on a creek lot with a pool and no HOA in an established, peaceful hidden gem neighborhood in Allen! Priced below appraised value. This home offers an open concept at the heart of the home where the living, kitchen, and dining integrate comfortably for living and entertaining. Updated kitchen and bathrooms. A bonus room downstairs can be utilized as a library, office, kid's play room or school room, craft room, exercise room, or anything else you can imagine. Home also offers a mother in law apartment suite complete with a spacious bedroom, full bathroom, and kitchenette with separate entry that can be flexibly used for multigenerational living, can simply be re-integrated into the main home living, or can be monetized as a rental unit. Opportunities like this are hard to come by, especially in Collin County. With a little TLC, this can be a great primary home or investment. Centrally located. Easy access to commutable highways and convenient to a multitude of entertaining, dining, grocery, retail, as well as parks, playgrounds, and expansive trail systems. Schedule a tour today!


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