930 Stockton Drive, 109, Allen, TX, 75013

USD 235,520
For Sale

Property Details

Bedrooms

2

Bathrooms

2

Property Type

Single Family Residence

Description

Property Details: • Type: Single Family Residence • Bedrooms: 2 • Bathrooms: 2 • Square Footage: 1,500 sq ft

Description: Welcome to premier 62+ active adult living at the Village Cooperative of Allen (Unit 109). Cooperative living combines the ultimate "lock-and-leave" convenience of a luxury rental with the powerful wealth-building and asset protection of homeownership.

The Smart Senior Math: Why Co-op Wins in DFW When you compare a 1,500 sq. ft. space across the Allen area, traditional housing options carry heavy financial friction: 55+ Luxury Rentals: You face $2,350+/month in rent with zero equity return and absolute vulnerability to annual rent hikes.

Traditional Condos: A comparable 1,500 sq. ft. condo in Allen runs around $415,000. Even with a massive down payment, you are hit with high mortgage interest, separate high HOA fees, and heavy out-of-pocket interior repair costs.

The Co-op Advantage: (Unit 109) For a share price of $235,520, your all-inclusive monthly carrying costs are around $2,483 (if you qualify for Over-65 and Homestead exemptions). That monthly amount covers your property taxes, structural insurance, water, trash, and all interior/exterior maintenance (down to replacing a lightbulb or fixing an appliance).

THE BIGGEST FINANCIAL PERK: Your asset is fully protected by a contractually mandated 3% annual appreciation on your share value. That is a $6,860 increase in equity insulated entirely from stock market or real estate volatility.

Featured Home: Unit 109 (The Spacious "Wexford" Floor Plan) This beautiful, immaculate, modern 2-bedroom, 2-bathroom, 1,500+ sq. ft. residence features $17,000 in premium upgrades and a highly coveted main-level layout: First-Floor Convenience: Enjoy effortless, single-level living. No waiting on elevators to check the mail, step out to the main community gathering areas, visit the management office, or enjoy the outdoor patio.

Premium Interior Upgrades: 9-foot ceilings, beautiful Luxury Vinyl Plank (LVP) flooring throughout (absolutely zero carpet!), a massive kitchen island with stunning granite countertops and under-cabinet lighting, 42 upper cabinets, and premium black stainless steel appliances.

Effortless Parking & Storage: Includes an upgraded top-load washer/dryer and a dedicated parking space in the secure, temperature-controlled underground garage (featuring a resident car wash bay) located right across from the elevators.

Love the Allen Lifestyle Located in the heart of Allen, you are just minutes away from world-class shopping at Watters Creek and Allen Premium Outlets, incredible dining, premier medical centers, and pristine local parks. You get to live in one of the safest, most vibrant, and highly sought-after communities in the metroplex while being surrounded by a welcoming, active neighborhood of peers.

Ready to tour or have questions about how cooperative equity works? Don't miss the best-valued unit in the building! Contact: Owner (Unit 109): Scott Keenen Email: [email protected] Call or text: 678-357-4353 Village Cooperative of Allen Phone: 972-954-9898 Email: [email protected] (Note: In accordance with co-op community guidelines, at least one occupying resident must be age 62 or older.)

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Location

Address

930 Stockton Drive, 109, Allen, TX, 75013

City

Allen

Features and Finishes

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