930 Stockton Dr #109, Allen, TX 75013

The best of retirement living. Enjoy the convenience of rental with benefits of home ownership. Home ownership with no maintenance plus annual appreciation on your investment in share value. Brand new, having opened in June 2025, Unit 109 in the 62+ age restricted community of the Village Cooperative of Allen. Your ownership comes through purchase of a share in the Cooperative and that share entitles you to occupy one of the units in the Cooperative. The share value will appreciate every year of ownership. The current share value associated with Unit 109 is 228,650. Every month you will pay $2,270 which covers your share of the overall mortgage, interest, taxes and maintenance. The Cooperative handles all maintenance for you, interior and exterior, if something breaks down just call the office. The only additional monthly costs will be for TV/Internet and electricity. As an owner in the Cooperative the portion of your monthly payment for interest and taxes is deductible. There are only 60 units in the building which has secure parking below ground. There is one parking space in the garage for each unit. Parking for Unit 109 is directly across from the elevators making it extremely convenient to get up to the first floor and access your unit. Unit 109 is the Wexford floor plan with just over 1500 sq ft of living area and 9' ceilings. The owner has invested $17K of upgrades in this large 2 bedroom floor plan with an open living area, a large kitchen island, plenty of storage, beautiful granite countertops in kitchen and bathrooms. You will find underlit kitchen cabinets, black stainless steel appliances, upgraded top load washing machine with matching dryer as well as LVP throughout the unit, no carpet. This is a cooperative so you buy the share and occupy the unit. The current share price is $228,650, this amount is set by the Cooperative and cannot be financed in the typical manner of real estate. In addition the owner is looking to recoup the $17K of upgrades in a suitable offer.