Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$481,170

NAL Estimated Property Value

2022 Fairmeadow Dr, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,538 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$260.08 / 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
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size9,100 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42028500170190000
Lot Number19
SubdivisionCanyon Creek
Land UseResidential
Legal DescriptionCANYON CREEK 7 BLK 17 LOT 19 INT202500120081 DD06062025 CO-DC 0285001701900 3CR02850017
Census Tract019210
Assessed Land Value$325,000
Assessed Improvement Value$156,170
Assessment Year2025

About this property

WONDERFUL location within highly sought-after Canyon Creek just 4 houses away from Canyon Creek Elementary, feeding into Pearce HS! Fairmeadow is a quiet, interior street with no pass-through traffic and is prized for its privacy. Brand new water heater. Wood-look laminate is practically brand new, having been installed in main areas November 2024. Kitchen torn out and replaced due to water pipe leak last year. Kitchen features solid surface counters, stainless steel appliances, industrial faucet, and can lighting. Open living, dining, and kitchen have many windows and vaulted ceiling, ensuring lots of natural light. WBFP painted modern white color. HUGE primary suite with dual closets, one walk-in, and oversized shower with multiple heads and sprays. Backyard has plenty of space for play, a pool, or whatever your heart desires. Adjacent to the living area, you'll find a finished deck for entertaining. Electric gate enclosing yard needing repair. Finished garage is also oversized with area for storage. Full sprinkler system. Property may need foundation work and will be sold as-is. Cash or conventional construction loan only. Property 3D tour linked, and floorplan included in photos. Two bedrooms previously combined to create one large primary suite can be easily changed back to revert to 4 bedroom property.

Investor Tools

Property Icon
$481,170
Estimated Property Value
$345,344Estimated Mortgage Balance
$135,826Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,887 /month
Positive
Cash Flow Estimate:
$962 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$735/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,410
$481,170
2025
$325,000
$156,170
$481,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,410
$481,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Churchill Mortgage Corp
Conventional
$351,000
No
First
Jun 6, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$345,344
$135,826
28%
72%
$2,105/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$2,105/mo
$-65/mo
5.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

2022 Fairmeadow Dr | Property Details | No Agent List