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Owner Contacts

$429,900

1807 Tulane Dr, Richardson, TX, 75081

Off Market

4 Beds

2 Bath

1,921 Sq Ft

Single Family Residence

$223.79 / sqft

Built in 1974

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Double Oven

FlooringCeramic Tile, Vinyl

Exterior

Private Pool

Lot Size9,000 sqft

Building Information

Year Built1974

Stories1

Roof Type105

Garage Spaces2

Land Information

APN42251500180040000

Lot Number4

SubdivisionUniversity

Land UseResidential

Legal DescriptionUNIVERSITY ESTATES 6 BLK 18 LOT 4 INT202300164288 DD08152023 CO-DC 2515001800400 3CR25150018

Census Tract019023

Assessed Land Value$100,000

Assessed Improvement Value$344,540

Assessment Year2025

About this property

**MULTIPLE OFFERS RECEIVED. OFFER DEADLINE IS 10AM MONDAY, JULY 17TH.**Located in sought after DUCK CREEK & University Estates, this charming cottage-style home is sure to impress. Lovingly maintained and updated WITH 4 bedrms & sparkling POOL, this one will be HARD TO BEAT in Richardson ISD! Layout lives large. Living room and dining room flow together, perfect for entertaining. Vaulted ceiling draws the eye upwards and adds a nice design feature. Lovely LVP flooring flows thruout main rooms. Kitchen is light & bright with large windows looking out on the pool. Master suite is a GEM with XL bedrm and a custom designed ensuite bath, complete with a wet room! Relax and enjoy in this spa-like setting. Addt'l bedrms are all generous in size. Party all summer outside around the pool. Side yard offers ample space for garden & storage. Built-in playhouse stays with the home. Active neighborhood & neighbors, enjoy the community feel. Search this address on YOUTUBE for an HD video tour.

Investor Tools

$444,540

Estimated Property Value

$402,300Estimated Mortgage Balance

$62,424Estimated Equity

10% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,667 /month

Positive

Cash Flow Estimate:

$889 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$820/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,623

$444,540

2025

$100,000

$344,540

$444,540

Tax History

Year

Tax Paid

Assessed Value

2024

$7,623

$444,540

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Freedom Mortgage Corp

Conventional

$402,300

First

Aug 14, 2023

Sep 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$382,116

$62,424

14%

86%

$2,412/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,010/mo

$2,412/mo

+$598/mo

8.1%

Learn About the Market: Opportunity in Texas

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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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