Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$515,000

1613 University Dr, Richardson, TX, 75081

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,278 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$226.08 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, None

Exterior

Lot Size8,640 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42245500020280000
Lot Number28
SubdivisionUniversity
Land UseResidential
Legal DescriptionUNIVERSITY ESTATES 1 REV BLK 2 LOT 28 VOL2004217/1028 DD10192004 CO-DC 2455000202800 3CR24550002
Census Tract019023
Assessed Land Value$100,000
Assessed Improvement Value$276,960
Assessment Year2025

About this property

Beautifully remodeled and move-in ready home in the highly sought-after University Estates neighborhood! This property features a converted garage thoughtfully integrated into the living space, creating additional functional areas. The interior has been fully updated with new plumbing and electrical, remodeled bathrooms, and a modern, open kitchen perfect for everyday living and entertaining. The roof was replaced in 2014, and the front entry has been updated, providing excellent curb appeal. Step outside to a city-style outdoor entertainment area with pergola, offering plenty of space for a grill and outdoor gatherings. Additional amenities include covered parking, an electric opening fence, a 5-year-old perimeter fence with fresh stain, and touch-up paint throughout the home, enjoy added convenience with the option for the seller to convey existing appliances, making this home truly move-in ready. Onwer Occupied; Showing by Appointment only.

Investor Tools

$60,274Estimated Mortgage Balance
$464,726Estimated Equity
88% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

Interested in this property?

Mason Kudrna

Keller Williams Central

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$662/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,315
$376,960
2025
$100,000
$276,960
$376,960
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,315
$376,960

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Fha
$115,608
Yes
First
Sep 4, 2007
Oct 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$60,274
$464,726
88%
11%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
N/A
+$2,310/mo
5.3%

City: Richardson

1613 University Dr | Property Details | No Agent List