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$496,650

NAL Estimated Property Value

2013 Cornell Dr, Richardson, TX, 75081

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,913 Sq Ft
price_per_sqft$182.96 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Gas Water Heater, Microwave
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size10,125 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42250500130140000
Lot Number14
SubdivisionUniversity
Land UseResidential
Legal DescriptionUNIVERSITY ESTATES 5 BLK 13 LT 14 INT202300126286 DD06232023 CO-DC 2505001301400 3CR25050013
Census Tract019023
Assessed Land Value$100,000
Assessed Improvement Value$396,650
Assessment Year2025

About this property

Richardson home available, SOLD AS-IS, CASH BUYERS. This home is in the sought after neighborhood of University Estates, zoned to the highly acclaimed Richardson isd, and with-in walking distance to the elementary school. This home has so much potential and sits on a quiet corner lot with a nice pool, just in time for summer use. This single story home has a large living and dining area great for entertaining. The L shape home boasts 4 spacious bedrooms and 2 generously sized bathrooms. The galley kitchen is an adequate space for cooking, food prepping, and has plenty of storage. Location is so centralized and in close proximity to dining, entertaining, highway access and more!

Investor Tools

Property Icon
$496,650
Estimated Property Value
$317,177Estimated Mortgage Balance
$179,473Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,980 /month
Positive
Cash Flow Estimate:
$993 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,000/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,513
$496,650
2025
$100,000
$396,650
$496,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,513
$496,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Park Place Finance Llc
Conventional
$329,000
No
First
May 31, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$317,177
$179,473
36%
64%
$1,973/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,973/mo
+$1,037/mo
7.3%

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.

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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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2013 Cornell Dr | Property Details | No Agent List