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$450,000

1502 Meadow Glen St, Richardson, TX, 75081

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,034 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.24 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringWood

Exterior

Exterior FeaturesPrivate Yard
Lot Size9,000 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42199700020070000
Lot Number7
SubdivisionRichardson Racquet Club
Land UseResidential
Legal DescriptionRICHARDSON RACQUET CLUB ESTATES BLK B LT 7 INT202100119056 DD04212021 CO-DC 1997000200700 3CR19970002
Census Tract019037
Assessed Land Value$95,000
Assessed Improvement Value$363,190
Assessment Year2025

About this property

Rare find in the heart of Richardson in highly sought after Richardson Racquet Club Estates! This stunning, updated 4-bedroom, 2-bath home is move-in ready and packed with desirable upgrades. Enjoy two spacious living areas, a bright bonus sunroom, and an open floor plan featuring a kitchen with stone countertops that seamlessly flows into the dining and main living areas. Recent improvements include fresh neutral paint throughout, a beautiful new mantel, cedar wood rustic beam in the family room ceiling, a new gas range and garbage disposal, spray foam insulation in the attic for enhanced energy efficiency, gutter guards, and a skylight that fills the family room with natural light. The popcorn ceilings have been removed, creating a clean, modern look throughout the home. Outside, you'll find lush new St. Augustine sod and a large backyard perfect for cookouts, family gatherings, and entertaining. Ideally located within walking distance to Owen's Trail for walking and biking, and near highly rated Yale Elementary. This exceptional home combines comfort, style, and thoughtful updates in one of Richardson's most desirable locations. A must-see!

Investor Tools

$251,771Estimated Mortgage Balance
$206,419Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,749 /month
Positive
Cash Flow Estimate:
$916 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$433/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,906
$458,190
2025
$95,000
$363,190
$458,190
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,906
$458,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$280,000
No
First
Apr 21, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,771
$206,419
45%
55%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,679/mo
+$1,331/mo
7.9%

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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1502 Meadow Glen St | Property Details | No Agent List