$281,000
1932 N Floyd Rd Fl Oyd, Richardson, TX, 75080
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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.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Richardson
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