$412,530
NAL Estimated Property Value2100 Meredith Lane, Richardson, TX, 75081
Off Market
Property Lead Type:
Off-Market ListHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Gas Range, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile
Exterior
Lot Size8,500 sqft
Building Information
Year Built1979
Stories1
Roof Type105
Garage Spaces2
Land Information
APN42012860020280000
Lot Number28
SubdivisionArapaho East
Land UseResidential
Legal DescriptionARAPAHO EAST 9 BLK 2 LOT 28 INT202000100896 DD04162020 CO-DC 0128600202800 3CR01286002
Census Tract019037
Assessed Land Value$90,000
Assessed Improvement Value$322,530
Assessment Year2025
About this property
This is a completely renovated home featuring a split bedroom floor plan, quartz countertops, white shaker kitchen cabinets, brass hardware, stainless steel appliances, luxury vinyl plank wood floor, modern floating bathroom vanities, patio deck, and many more updates! OFFER DEADLINE IS 5 PM ON 03-23-2020.
Investor Tools
$412,530
Estimated Property Value
$260,334Estimated Mortgage Balance
$152,196Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,475 /month
Positive
Cash Flow Estimate:
$825 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$736/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,769
$412,530
2025
$90,000
$322,530
$412,530
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,769
$412,530
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Conventional
$295,450
No
First
Apr 16, 2020
May 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,334
$152,196
36%
63%
$1,772/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,772/mo
+$538/mo
6.7%
