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$369,000

206 Trailridge Dr, Richardson, TX, 75081

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,692 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.09 / sqft
Year BuiltBuilt in 1973

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, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesPlayground

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42228500070130000
Lot Number13
SubdivisionSpring Ridge
Land UseResidential
Legal DescriptionSPRING RIDGE 6 BLK G LOT 13 INT202400030430 DD02122024 CO-DC 2285000701300 3CR22850007
Census Tract019024
Assessed Land Value$90,000
Assessed Improvement Value$251,890
Assessment Year2025

About this property

Have you been dreaming about a perfect house, a workshop for your hobby and a play area for the kids to roam around? We have it all! A great-looking house in the heart of Richardson with a perfect layout and numerous updates. A fabulous workshop with electricity and attic storage for those who love weekend projects, have a hobby or simply need more storage for all your toys. A super nice playset for the kids to climb, swing and slide. This house has everything you are dreaming about - a large family room with a beautiful fireplace where you can sit around and watch the fire crackling, a flex room that can be used as an exercise room or a gameroom, a good size backyard with covered patio to grill and entertain your friends and family in any weather. And to make your life easier, all the big ticket items such as roof 2017, HVAC 2020, Water heater 2020, fence 2023, bathrooms 2023, paint and carpet 2023 were updated.

Investor Tools

Property Icon
$372,000
Estimated Property Value
$295,200Estimated Mortgage Balance
$88,795Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,232 /month
Positive
Cash Flow Estimate:
$744 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$538/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,599
$341,890
2025
$90,000
$251,890
$341,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,599
$341,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rlm Mortgage Llc
Conventional
$295,200
No
First
Feb 12, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,205
$88,795
23%
76%
$1,770/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,770/mo
+$540/mo
7.5%

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.

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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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206 Trailridge Dr | Property Details | No Agent List