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$397,000

NAL Estimated Property Value

1811 E Collins Blvd, Richardson, TX, 75081

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,776 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.36 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

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 Oven, Microwave
FlooringCeramic Tile, Wood

Exterior

Lot Size10,000 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42008500240280000
Lot Number28
SubdivisionArapaho East 2nd
Land UseResidential
Legal DescriptionARAPAHO EAST 4 2ND INST BLK 24 LOT 28 INT202300102038 DD04192023 CO-DC 0085002402800 3CR00850024
Census Tract019037
Assessed Land Value$81,000
Assessed Improvement Value$315,970
Assessment Year2025

About this property

Beautifully updated home on well landscaped corner lot. Everything is ready for you to enjoy. Beautiful custom hardwood floors, granite counters and a gorgeous backyard oasis. Friends will enjoy the pool and relaxing on the covered porch. This home is built for entertaining and will certainly be the center of activity for you and your circle of friends, Conveniently located in sought after RISD, just moments away from shopping, restaurants, and the vibrant City Line district. New AC 2019 new appliances 2017.

Investor Tools

Property Icon
$397,000
Estimated Property Value
$20,141Estimated Mortgage Balance
$376,859Estimated Equity
94% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,382 /month
Positive
Cash Flow Estimate:
$794 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$887/month
$25/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,656
$396,970
2025
$81,000
$315,970
$396,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,656
$396,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midfirst Bank
Fha
$20,660
Yes
First
Dec 26, 2024
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$20,141
$376,859
94%
5%
$124/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$149/mo
+$2,161/mo
7.0%

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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1811 E Collins Blvd | Property Details | No Agent List