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$505,000

NAL Estimated Property Value

1204 Lake Vista Ln, Richardson, TX, 75080

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,619 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$206.15 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size3,170 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APN421010300F0050000
Lot Number5
SubdivisionLake Park
Land UseResidential
Legal DescriptionLAKE PARK EST & UNIVERSITY WORLD BLK F LT 5 INT202300217800 DD10172023 CO-DC 1010300F00500 3CR1010300F
Census Tract019205
Assessed Land Value$80,000
Assessed Improvement Value$415,000
Assessment Year2025

About this property

Beautiful Townhome in the exclusive gated community of Lake Park Estates. A Lake View 4 Bedroom, 2.5 Bath, 2 Living Area, Elevator, Stainless Steel Appliances, Granite Counters, Luxury Vinal Flooring, Carpet, Freshly Painted, await your buyers. High Ceilings with Lots of Natural Light. Master Suite down, separate shower, jetted Tub, dual sinks, patio to lake view. Large Galley Kitchen, Built-ins, Breakfast Room. Up Stairs Large Family Room and 3 Bedrooms (4th Bedroom with Fireplace, could be a Office or Den area). Foundation completed June 2023. Great amenities include a community pool, outdoor fireplace, grill and fountain. Prime location near shopping, restaurants, groceries, and University of Texas Dallas and JJ Pearce HS.

Investor Tools

Property Icon
$505,000
Estimated Property Value
$0Estimated Mortgage Balance
$505,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,239 /month
Positive
Cash Flow Estimate:
$1,080 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$928/month
$555/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,613
$495,000
2025
$80,000
$415,000
$495,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,613
$495,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$505,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$555/mo
+$2,105/mo
6.3%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Richardson

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1204 Lake Vista Ln | Property Details | No Agent List