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$479,000

2021 Fairmeadow Dr, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,564 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$306.27 / 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 Cooktop, Electric Oven, Electric Water Heater, Wine Cooler
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size7,788 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42028500180110000
Lot Number11
SubdivisionCanyon Creek
Land UseResidential
Legal DescriptionCANYON CREEK 7 BLK 18 LT 11 INT202300159984 DD08082023 CO-DC 0285001801100 3CR02850018
Census Tract019210
Assessed Land Value$325,000
Assessed Improvement Value$177,150
Assessment Year2025

About this property

***Multiple Offers Received Sunday Highest and Best 8pm***Located in the highly sought after Canyon Creek, this amazing house offers both comfort and style. As you step inside, you'll notice an inviting atmosphere complete with a well-designed floor plan, perfect for both daily living and entertaining. The living room serves as the central gathering space, ideal for relaxation and spending quality time with loved ones. The large low E windows frame scenic views of the surrounding landscape and provide an abundance of natural light. Adjacent to the living room is the well-appointed kitchen, which boasts beautiful upgrades sleek granite countertops, marble backsplash and ample cabinet space. Whether you're an aspiring chef or simply enjoy preparing meals, this kitchen will meet your needs. The adjoining dining area offers a cozy spot to enjoy family dinners or entertain friends. The spacious backyard presents endless possibilities! Convenient to major highways, shopping and restaurants

Investor Tools

Property Icon
$502,150
Estimated Property Value
$448,200Estimated Mortgage Balance
$76,437Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,013 /month
Positive
Cash Flow Estimate:
$1,004 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$917/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,498
$502,150
2025
$325,000
$177,150
$502,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,498
$502,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$448,200
No
First
Aug 8, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$425,713
$76,437
15%
85%
$2,688/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$2,688/mo
$-648/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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2021 Fairmeadow Dr | Property Details | No Agent List