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$380,810

NAL Estimated Property Value

2112 Grove Park Ln, Richardson, TX, 75080

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,646 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.43 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1,296 sqft

Building Information

Year Built2007
Stories3
Roof Type105
Garage Spaces2

Land Information

APN421010300D0060000
Lot Number6
SubdivisionLake Park
Land UseResidential
Legal DescriptionLAKE PARK EST & UNIVERSITY WORLD BLK D LT 6 ACS 0.0327 INT20080054994 DD0212008 CO-DC 1010300D00600 3CR1010300D
Census Tract019205
Assessed Land Value$80,000
Assessed Improvement Value$300,810
Assessment Year2025

About this property

Fabulous three story townhome located in the exclusive gated community of Lake Park Estates. Freshly painted througout and ready to move in immediately! Great floorplan with a attached two car garage. The first floor boasts a private space that would make a great office or den. Upstairs you will find a spacious kitchen open to the living room and a secondary bedroom and full bath. The living and dining room have beautiful hardwood flooring throughout. This townhome is an end unit so there is plenty of natural light! Step out onto the second floor balcony to enjoy the fresh outdoors and relax on the patio. The third floor brings you a spacious private primary suite featuring a separate sitting area with fireplace and a ensuite bathroom retreat with separate vanities, dual sinks, separate shower and tub, and a large walk-in closet. Excellent location just minutes from major highways and the new DART Silverline that goes to the DFW Airport. Walk to UTD campus, dine at wonderful restaurants, and find great shopping all nearby! Feeds to much desired RISD schools - JJ Pearce HS and Canyon Creek Elementary. Refrigerator, washer & dryer included.

Investor Tools

Property Icon
$380,810
Estimated Property Value
$109,558Estimated Mortgage Balance
$271,252Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,285 /month
Positive
Cash Flow Estimate:
$762 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$646/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,846
$380,810
2025
$80,000
$300,810
$380,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,846
$380,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Unknown
$204,250
No
First
Feb 12, 2008
Mar 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$109,558
$271,252
71%
29%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
N/A
+$1,620/mo
5.1%

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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2112 Grove Park Ln | Property Details | No Agent List