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$355,000

$369,000

1902 Richland Dr, Richardson, TX, 75081

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,769 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.68 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh Equity

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, Double Oven
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size8,750 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42076500020090000
Lot Number9
SubdivisionGreenmeadow
Land UseResidential
Legal DescriptionGREENMEADOW BLK B LOT 9 INT201600325555 DD11182016 CO-DC 0765000200900 3CR07650002
Census Tract019024
Assessed Land Value$90,000
Assessed Improvement Value$271,750
Assessment Year2025

About this property

This delightful 3-bedroom, 2-bathroom residence offers a blend of modern convenience and timeless comfort. With a spacious 2-car garage, this home is perfectly situated for easy access to local amenities, schools, and parks, providing a harmonious blend of suburban tranquility and urban accessibility. Entertain with ease in a kitchen adorned with granite countertops, double ovens, electric cooktop, and microwave, the perfect backdrop for preparing family meals or intimate gatherings. The refrigerator conveys to the buyer at closing. Each bedroom offers generous walk-in closets, providing ample storage. The primary suite is a haven of relaxation, designed for peace and privacy, and features a huge walk-in closet which is rare for this neighborhood. A spacious living area boasts a vaulted ceiling and a wood burning fireplace. Outside, the expansive yard boasts a fully-equipped sprinkler system, a wood privacy fence with metal posts, covered patio, storage shed, and a perfect backdrop for outdoor entertainment or peaceful solitude. No HOA, No MUD, and No PID! Don’t miss your chance to experience what comfortable, functional family living in Richardson truly feels like.

Investor Tools

$165,305Estimated Mortgage Balance
$204,135Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

Interested in this property?

Becky Bochniak

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$446/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,507
$361,750
2025
$90,000
$271,750
$361,750
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,507
$361,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$207,575
No
First
Nov 18, 2016
Dec 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,305
$196,445
54%
45%
$1,245/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,245/mo
+$1,065/mo
7.5%

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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1902 Richland Dr | Property Details | No Agent List