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$408,000

NAL Estimated Property Value

1908 University Dr, Richardson, TX, 75081

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,012 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.19 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringCeramic Tile, Hardwood, Laminate, Marble

Exterior

Lot Size8,400 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42105500130130000
Lot Number13
SubdivisionMeadowcreek Sec
Land UseResidential
Legal DescriptionMEADOWCREEK SEC 1 BLK M LT 13 INT202500123100 DD06112025 CO-DC 1055001301300 3CR10550013
Census Tract019023
Assessed Land Value$100,000
Assessed Improvement Value$302,190
Assessment Year2025

About this property

Prime location in Richardson’s Meadowcreek with close proximity to schools, area parks and shopping. This brick 4 bedroom, 2 bath home features a pier and beam foundation, a new roof, a new Bosch HVAC system and many other updates throughout over 2,000 square feet of living space. A marble entry foyer leads to the dining room and central living room with a brick fireplace and wet bar. A sunroom beyond the living space provides extra space for a study or hobby area with a wall of cabinets. The kitchen is spacious with updated custom cabinets, granite counters and a breakfast area. Four bedrooms include a primary suite with two walk in closets and an updated bath with two sink furniture style vanity and tiled shower. Secondary bedrooms share a large hall bath with tub shower. There is a laundry room with counter space located between the kitchen and the attached two car rear entry garage. The back yard has a lighted patio, lawn, a mature landscape and a fenced dog run. Don't miss this one!

Investor Tools

Property Icon
$408,000
Estimated Property Value
$416,679Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,634 /month
Positive
Cash Flow Estimate:
$878 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$518/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,172
$402,190
2025
$100,000
$302,190
$402,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,172
$402,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nbh Bank Na
Va
$423,504
Yes
First
Jun 11, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$416,679
N/A
0%
102%
$2,540/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$2,540/mo
$-230/mo
6.8%

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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1908 University Dr | Property Details | No Agent List