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$498,740

NAL Estimated Property Value

2013 Fairmeadow Dr, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,541 Sq Ft
price_per_sqft$292.02 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOther
Lot Size8,050 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42028500180070000
Lot Number7
SubdivisionCanyon Creek
Land UseResidential
Legal DescriptionCANYON CREEK 7 BLK 18 LOT 7 INT202400064066 DD03282024 CO-DC 0285001800700 3CR02850018
Census Tract019210
Assessed Land Value$325,000
Assessed Improvement Value$173,740
Assessment Year2025

About this property

Offer deadline: Tues, 3.5 12p CST. 3D TOUR LINKED! BEAUTIFUL home on one of the best streets in Canyon Creek! Little to no traffic, the street dead ends into Canyon Creek Elem & all power lines underground. This home has been nicely updated & it's easy to see how well it's been taken care of. Completely open living-dining-kitchen floorplan is rare for the home's age. The vaulted ceiling & abundance of windows let light flood in. Flex floorplan. Modern stacked stone wood-burning FP. Bedrooms feature custom closets. Baths with wood-look tile & wood EVERYWHERE else - no carpet anywhere! All custom white cabinets, SS appliances, granite counters, subway tile backsplash. HUGE deck for entertaining. Double-hung windows throughout. ALL cast iron replaced with PVC. Electrical box replaced. BOB fence. Plantation shutters. STUNNING trees - live oaks, Japanese maples, pecan. LOTS of life left in big ticket items - water heater '20. HVAC (NO FREON!) '11. Roof '17. Sprinkler system just serviced.

Investor Tools

Property Icon
$498,740
Estimated Property Value
$419,449Estimated Mortgage Balance
$79,291Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,992 /month
Positive
Cash Flow Estimate:
$997 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$995/month
$15/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,449
$498,740
2025
$325,000
$173,740
$498,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,449
$498,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Members First Mortgage Llc
Conventional
$436,500
No
First
Mar 28, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$419,449
$79,291
15%
84%
$2,618/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$2,633/mo
$-593/mo
4.9%

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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2013 Fairmeadow Dr | Property Details | No Agent List