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$340,000

1700 Serenade Lane, Richardson, TX, 75081

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,832 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.59 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Gas Range, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size9,000 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42255550020080000
Lot Number8
SubdivisionUniversity
Land UseResidential
Legal DescriptionUNIVERSITY ESTATES SOUTH 3 1 INST BLK 2 LOT 8 INT202100124128 DD04262021 CO-DC 2555500200800 3CR25555002
Census Tract019024
Assessed Land Value$90,000
Assessed Improvement Value$350,010
Assessment Year2025

About this property

Fantastic UPDATED ONE-STORY home with gorgeous DIVING POOL. Beautiful interior has HARDWOOD FLOORING, neutral colors, decorative moldings, spacious living area with floor-to-ceiling STONE FIREPLACE, & built-ins. Recent updates include new HVAC '20, NEW CARPET & gas logs '19. Stunning fully-renovated kitchen features QUARTZ COUNTERTOPS, new SS gas stove, hood, dishwasher, & soft-close cabinets. Lovely master suite with redone bathroom, plus two secondary bedrooms & bath. Relax on the COVERED PATIO and swim in the sparkling POOL & SPA.

Investor Tools

Property Icon
$440,010
Estimated Property Value
$0Estimated Mortgage Balance
$176,055Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$692/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,104
$440,010
2025
$90,000
$350,010
$440,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,104
$440,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Summit Funding Inc
Conventional
$292,400
No
First
Apr 26, 2021
May 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,955
$176,055
40%
60%
$1,754/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,754/mo
+$556/mo
6.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1700 Serenade Lane | Property Details | No Agent List