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$405,710

NAL Estimated Property Value

1621 Villanova Dr, Richardson, TX, 75081

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,660 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$219.88 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Water Heater, Microwave, Double Oven

Exterior

Lot Size8,640 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42246500050110000
Lot Number11
SubdivisionUniversity
Land UseResidential
Legal DescriptionUNIVERSITY ESTATES 2 BLK 5 LT 11 VOL2004025/3108 DD03291999 CO-DC 2465000501100 3CR24650005
Census Tract019023
Assessed Land Value$120,000
Assessed Improvement Value$285,710
Assessment Year2025

About this property

Welcome to this charming home nestled in the highly sought-after, tree-lined subdivision of University Estates in Duck Creek. Surrounded by mature trees and natural beauty, this cozy residence offers a peaceful lifestyle just steps from a scenic pond, playground, tennis courts, and serene walking trails—ideal for outdoor enthusiasts and families alike. Inside, you’ll find a functional and inviting layout with flexible space to fit your lifestyle. The front room is perfect for a home office or could easily be transformed into a formal dining area for those who love to host. The simple floorplan creates a warm, comfortable flow and sets the perfect foundation for you to make this home your own. Backyard has the perfect amount of space, ideal for grilling, relaxing, or enjoying quiet Texas evenings. With its central location, you're just minutes from convenient shopping, dining, and highways--making everyday errands and commutes a breeze. Don’t miss this opportunity to own a home in one of Richardson’s most beloved neighborhoods. Whether you're settling in or planning your next chapter, this home is ready to meet you there.

Investor Tools

Property Icon
$405,710
Estimated Property Value
$348,872Estimated Mortgage Balance
$56,838Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,434 /month
Positive
Cash Flow Estimate:
$811 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$630/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,532
$405,710
2025
$120,000
$285,710
$405,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,532
$405,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$354,050
No
First
Jul 2, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$348,872
$56,838
14%
86%
$2,123/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$2,123/mo
+$187/mo
6.8%

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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1621 Villanova Dr | Property Details | No Agent List