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$402,140

NAL Estimated Property Value

1619 University Dr, Richardson, TX, 75081

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,796 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$222.71 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Cooktop, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size8,640 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42245500020250000
Lot Number25
SubdivisionUniversity
Land UseResidential
Legal DescriptionUNIVERSITY ESTATES 1 REV LT 0025 INT202200246066 DD09122022 CO-DC 2455000202500 3CR24550002
Census Tract019023
Assessed Land Value$100,000
Assessed Improvement Value$302,140
Assessment Year2025

About this property

Seller is offering $4,000 in buyer closing cost to buy down the rate!! This 4 bedroom 2.5 bath home has great space and a very desirable layout! New Air Conditioner Unit June 2022, Recent High efficiency Window upgrade! Large Living area with fireplace. 4 bedrooms, dining room, plus an office! Backyard perfect for entertaining and cookouts features a covered patio, large grass area, and an 8ft privacy fence! Rear entry garage. Several Mature shade trees on the lot. Come see this one today and make it Home!

Investor Tools

Property Icon
$402,140
Estimated Property Value
$333,367Estimated Mortgage Balance
$68,773Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,413 /month
Positive
Cash Flow Estimate:
$804 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$733/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,790
$402,140
2025
$100,000
$302,140
$402,140
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,790
$402,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$357,750
No
First
Sep 12, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$333,367
$68,773
17%
83%
$2,145/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,145/mo
+$865/mo
9.0%

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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1619 University Dr | Property Details | No Agent List