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$281,000

1932 N Floyd Rd Fl Oyd, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,574 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.53 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Range, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size9,917 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42183501930010100
Lot Number1
SubdivisionRichardson Heights 2nd Sec
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 17 2ND SEC BLK 193 LT 1 INT202500086018 DD04252025 CO-DC 1835019300101 3CR18350193
Census Tract019211
Assessed Land Value$91,000
Assessed Improvement Value$159,000
Assessment Year2025

About this property

Investor Opportunity! Located directly across the street from UT Dallas, this 3-bedroom, 2-bathroom home is a prime investment property in a highly desirable area. Offering 1,574 square feet of living space & a 2 car garage. This property is perfect for cash buyers looking to capitalize on a location with strong rental potential. Kitchen remodel has begun including the installation of base & 42 inch upper cabinets, SS gas range, SS dishwasher, SS vent & wood look tile. The remodel is incomplete, providing a fantastic opportunity for investors to finish the project and maximize the property's value. Water Heater replaced in Dec. 2023 & HVAC replaced in 2022. With its proximity to UT Dallas, this home is ideal for student housing, faculty accommodation, or as a long-term rental investment. It is also walking distance to Richardson N Jr. High. Don’t miss out on this unique chance to invest in a property with significant upside potential in one of Richardson’s most sought-after locations.

Investor Tools

Property Icon
$281,000
Estimated Property Value
$0Estimated Mortgage Balance
$281,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$375/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,094
$250,000
2025
$91,000
$159,000
$250,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,094
$250,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$281,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
N/A
+$2,040/mo
8.7%

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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1932 N Floyd Rd Fl Oyd | Property Details | No Agent List