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$401,070

NAL Estimated Property Value

1714 Richland Dr, Richardson, TX, 75081

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,782 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$238.5 / sqft
Year BuiltBuilt in 1973

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 Oven, Gas Range, Microwave, Other

Exterior

Lot Size9,250 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42255500050080000
Lot Number8
SubdivisionUniversity
Land UseResidential
Legal DescriptionUNIVERSITY ESTATES SOUTH BLK E LOT 8 INT202400018237 DD01262024 CO-DC 2555000500800 3CR25550005
Census Tract019024
Assessed Land Value$81,000
Assessed Improvement Value$320,070
Assessment Year2025

About this property

Immaculately reimagined and expanded, this residence has undergone a complete transformation, meticulously rebuilt to offer contemporary comforts while preserving its Richardson charm. With a comprehensive renovation in the past year, this home presents a fusion of modern functionality and timeless appeal. Imbued with today's sought-after conveniences, including updated features like spray foam insulation, energy-efficient appliances, and a lightning-fast local area network, this home caters to the needs of modern living. Mature trees, established retail, convenient public transportation options, and access to exceptional public schools make this home a hard to find option. Enjoy the benefits of a serene neighborhood ambiance coupled with proximity to urban amenities, creating the perfect balance for a fulfilling lifestyle in your new home. Do not miss this one!

Investor Tools

Property Icon
$401,070
Estimated Property Value
$399,687Estimated Mortgage Balance
$1,383Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$731/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,769
$401,070
2025
$81,000
$320,070
$401,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,769
$401,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Fha
$417,302
Yes
First
Jan 26, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$399,687
$1,383
0%
100%
$2,502/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$2,502/mo
$-192/mo
6.9%

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.

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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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1714 Richland Dr | Property Details | No Agent List