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$449,000

2008 Cornell Drive, Richardson, TX, 75081

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,063 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$217.64 / sqft
Year BuiltBuilt in 1975

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, Gas Water Heater, Convection Oven
FlooringVinyl

Exterior

Lot Size9,000 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42250500110110000
Lot Number11
SubdivisionUniversity
Land UseResidential
Legal DescriptionUNIVERSITY ESTATES 5 BLK 11 LOT 11 VOL92234/5725 ND111992 CO-DALLAS 2505001101100 34225050011
Census Tract019023
Assessed Land Value$100,000
Assessed Improvement Value$301,180
Assessment Year2025

About this property

NEW Roof, NEW PVC under slab, NEW electrical panel, NEW fence and recent foundation work— all the big-ticket items are DONE! This charming Richardson home has been thoughtfully refreshed from top to bottom, giving buyers the peace of mind they’ve been looking for. Featuring 4 bedrooms, 2.5 bathrooms, formal living and dining areas, plus a flexible bonus space, this home offers a layout that works for everyday living, entertaining, working from home, or hosting guests. Inside, you’ll find fresh interior paint, luxury vinyl plank flooring, updated lighting, quartz countertops, modern hardware, and more. Step outside to your private backyard retreat, perfect for hosting friends, relaxing in the evenings, or enjoying a little extra outdoor space. Move-in ready and conveniently located within walking distance to Dartmouth Elementary and Apollo Junior High in Richardson ISD, with quick access to Richardson Square for shopping and dining.

Investor Tools

Property Icon
$445,000
Estimated Property Value
$0Estimated Mortgage Balance
$218,984Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,694 /month
Positive
Cash Flow Estimate:
$898 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$342/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,881
$401,180
2025
$100,000
$301,180
$401,180
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,881
$401,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bank
Commercial
$227,000
No
First
Mar 16, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,016
$218,984
49%
51%
$1,361/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,361/mo
+$949/mo
6.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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