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$414,000

NAL Estimated Property Value

1226 Lake Pointe Way, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,907 Sq Ft
price_per_sqft$166.75 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size2,328 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces2

Land Information

APN421010300C0010000
Lot Number1
SubdivisionLake Park
Land UseResidential
Legal DescriptionLAKE PARK EST & UNIVERSITY WORLD BLK C LT 1 INT202000179843 DD07102020 CO-DC 1010300C00100 3CR1010300C
Census Tract019205
Assessed Land Value$80,000
Assessed Improvement Value$325,060
Assessment Year2025

About this property

Beautiful townhouse in the gated community of Lake Park Estates! Soaring ceilings in main living area create a great gathering space for your friends and family. Fresh interior paint in main areas and home is clean and well maintained. HOA includes front yard maintenance, exterior maintenance, and community pool. Private pond with water feature. Convenient location close to UTD, shopping, restaurants and major highways!

Investor Tools

Property Icon
$414,000
Estimated Property Value
$0Estimated Mortgage Balance
$414,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,484 /month
Positive
Cash Flow Estimate:
$828 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$909/month
$338/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,832
$405,060
2025
$80,000
$325,060
$405,060
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,832
$405,060

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$414,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$338/mo
+$1,702/mo
5.9%

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.

Explore Texas Explore This Area
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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