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  • 5 Beds
  • 3 Baths
  • 2,649 Sqft
  • 2 Garages
  • .48 Acres
  • 1962 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • 5 Beds
  • 3 Baths
  • 2,649 Sqft
  • 2 Garages
  • .48 Acres
  • 1962 Year Built
  • Study
  • Game Room
  • Media
  • Pool

206 Watson Drive
Allen, Texas 75002-3406

County: Collin Allenwood Estates #2

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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Tax Value @ 100% of Sales Price, HOA Included
Tax Value @ 85% of Market Value, HOA Not Included

Essential Information

  • Price$499,000
  • Est. Payment /m
  • Cumulative Days on MarketUnlock
  • MLS® #21419729
  • Bedrooms5
  • Bathrooms3.00
  • Square Footage2,649
  • Acres0.48
  • Year Built1962
  • Built Desc.Preowned
  • TypeResidential
  • Sub-TypeSingle Family Residence
  • StatusActive
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Quick Valuation Analysis from 2 Active and 3 Sold Listings

Pricing Trends from 2 Active Listings in Allenwood Estates

This Home's Price $499,000 This Home's Price Per SqFt $
Average Price $512,000 Average Price Per SqFt $
Highest Price $525,000 Highest Price Per SqFt $
Lowest Price $499,000 Lowest Price Per SqFt $

Pricing Trends from 3 Sold Listings in Allenwood Estates

This Home's Price $499,000 This Home's Price Per SqFt $
Average Price $309,167 Average Price Per SqFt $
Highest Price $370,000 Highest Price Per SqFt $
Lowest Price $260,000 Lowest Price Per SqFt $

Property Details

School Information

Community

  • Address206 Watson Drive
  • SubdivisionAllenwood Estates #2
  • CityAllen
  • CountyCollin
  • StateTexas
  • Zip Code75002-3406
  • HOANone
  • FeaturesCurbs, Greenbelt, Jogging Path/Bike Path, Park, Playground
  • UtilitiesAll Weather Road, Cable Available, City Sewer, City Water, Concrete, Curbs, Electricity Available, Individual Gas Meter, Individual Water Meter, Natural Gas Available, Overhead Utilities
  • Taxes8664

Amenities

  • # of Garages2
  • GaragesAdditional Parking, Concrete, Direct Access, Driveway, Enclosed, Garage, Gated, Inside Entrance, Kitchen Level, Lighted, On Site, On Street, Parking Pad, Storage, Workshop in Garage
  • WaterfrontYes
  • WaterfrontCreek
  • Has PoolYes
  • PoolIn Ground, Outdoor Pool, Pool/Spa Combo

Interior

  • Interior FeaturesBuilt-in Features, Cable TV Available, Decorative Lighting, Double Vanity, Eat-in Kitchen, High Speed Internet Available, In-Law Suite Floorplan, Kitchen Island, Natural Woodwork, Open Floorplan, Paneling, Pantry, Walk-In Closet(s), Second Primary Bedroom
  • FloorsCombination

Exterior

  • Exterior FeaturesCovered Patio/Porch, Dog Run, Garden(s), Lighting, Private Yard, Storage
  • FenceBack Yard, Chain Link, Fenced, Gate, Wood
  • Lot DescriptionAdjacent to Greenbelt, Brush, Greenbelt, Gullies, Hilly, Interior Lot, Landscaped, Level, Lrg. Backyard Grass, Many Trees, Sloped, Subdivision, Waterfront

Construction Details / Floorplan

  • Living Areas2
  • Dining Rooms3
  • Full Baths3
  • RoofComposition, Shingle
  • FoundationSlab
  • ConstructionBrick, Siding

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral

Private Listing Information (Registration Required)

Listing Details

  • AgentMatthew Keeton
  • OfficeSerhant Texas, Llc

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View details More Photos Save

This Highly Versatile Property Presents A Rare Combination Of Usable Space, Multiple Structures, And An Excellent Location. The Main House Is Approximately 2,016 Square Foot Home Has 3 Bedrooms, 2 Updated Full Baths And 1 Half Bath. Original Hardw...

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Listing information last updated on November 3rd, 2026 at 4:32pm CST.