$620,000
100 Trellis Place, Richardson, TX, 75081
Pending
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Laminate, Tile
Exterior
Lot Size12,625 sqft
Building Information
Year Built1974
Stories1
Roof Type105
Garage Spaces4
Land Information
APN42231500130480000
Lot Number48
SubdivisionSpring Ridge
Land UseResidential
Legal DescriptionSPRING RIDGE 8 BLK M LOT 48 INT202400016413 DD01222024 CO-DC 2315001304800 3CR23150013
Census Tract019024
Assessed Land Value$100,000
Assessed Improvement Value$500,340
Assessment Year2025
About this property
Units 100 and 102 are spacious 3-bedroom townhome-style residences featuring desirable amenities such as attached two-car garages, private fenced yards, vaulted ceilings, washer and dryer connections, walk-in closets, and split-level floor plans with 2.5 bathrooms. Unit 100 is currently leased at $2,300 month but has not been renovated to the same level as Unit 102. Unit 102 is leased at $2,500 month.
Investor Tools
$578,370Estimated Mortgage Balance
$21,970Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,720 /month
Positive
Cash Flow Estimate:
$1,240 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$789/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,461
$600,340
2025
$100,000
$500,340
$600,340
No
Tax History
Year
Tax Paid
Assessed Value
2025
$6,461
$600,340
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$603,860
Yes
First
Jan 22, 2024
Feb 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$578,370
$21,970
3%
96%
$3,621/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$3,621/mo
$-611/mo
6.0%
