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$534,860

NAL Estimated Property Value

1911 University Dr, Richardson, TX, 75081

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,547 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.34 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Ice Maker, Microwave, Vented Exhaust Fan
FlooringCarpet, Wood, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size8,979 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42105500120180000
Lot Number18
SubdivisionMeadowcreek Sec
Land UseResidential
Legal DescriptionMEADOWCREEK SEC 1 BLK L LOT 18 INT202000172622 DD07022020 CO-DC 1055001201800 3CR10550012
Census Tract019023
Assessed Land Value$100,000
Assessed Improvement Value$434,860
Assessment Year2025

About this property

Tucked away in the highly sought-after subdivision, this beautifully updated home that is freshly painted and has new wood like flooring, is full of warmth, character, and space designed for comfortable living and entertaining. The updated kitchen truly shines with granite countertops, stainless steel appliances, microwave, stylish backsplash, soft close drawers and cabinets, and abundant storage. The den serves as a cozy centerpiece with a wood burning fireplace and mantle, special ceiling feature, ceiling fan, and a dry bar with a granite countertop. An additional flex room with built-in shelves, ceiling fan, skylight, and French doors, offers endless possibilities for a hobby room, sun room, or another living space. The spacious primary suite features raised ceilings, a ceiling fan, blinds, and two walk in closets for a relaxing retreat. The fully remodeled primary bath includes granite countertops, two sinks, tile flooring, a garden tub, oversized separate shower, private toilet area, and custom built-ins. There are two secondary bedrooms in the same hall as the primary bedroom. One includes wood-like flooring and the other is carpeted. The fourth bedroom is split for additional privacy with its own half bath and beautiful view of the pool. Step outside the sliding doors to the side yard to enjoy a backyard built for entertainment with a pool that includes a diving board and deep end, a pool robot still under warranty that is less than a year old, fountain-sun deck area, storage shed, privacy wood fence, and plenty of room to unwind. Includes a two car garage with an extended parking pad perfect to store a third vehicle, trailer, or boat. This home is also located a very short walking distance from a beautiful and scenic linear park, and Huffhines Park. ADDED BENEFIT The home is equipped with a backup energy storage system. For additional information please contact listing agent.

Investor Tools

Property Icon
$534,860
Estimated Property Value
$286,675Estimated Mortgage Balance
$248,185Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,209 /month
Positive
Cash Flow Estimate:
$1,070 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$647/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,094
$534,860
2025
$100,000
$434,860
$534,860
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,094
$534,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage A Division Of Sunflowe
Conventional
$324,000
No
First
Jul 2, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,675
$248,185
46%
54%
$1,943/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,943/mo
+$1,067/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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1911 University Dr | Property Details | No Agent List