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$559,000

NAL Estimated Property Value

2114 Trellis Pl, Richardson, TX, 75081

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,752 Sq Ft
DuplexDuplex
price_per_sqft$1.71 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces3

Land Information

APN42230500130360000
SubdivisionSpring Ridge
Land UseResidential
Legal DescriptionSPRING RIDGE 7 BLK M LOT 36 INT202400016769 DD01242024 CO-DC 2305001303600 3CR23050013
Census Tract019024
Assessment Year2025

About this property

Welcome to this fully renovated 3-bed, 2-bath luxury duplex in the heart of Richardson! Perfectly positioned just minutes from premier shopping, dining, and with easy accessibility to vibrant nightlife in Downtown Dallas, this home offers the perfect balance of modern comfort and city convenience. Inside, you'll find stylish upgrades throughout, including luxury vinyl plank flooring, a custom tile fireplace, and designer bathrooms that feel like a retreat. The chef-inspired kitchen opens to a bright living area, ideal for entertaining. Step outside to your private backyard with brand-new sod and a smart sprinkler system for easy care. The oversized primary closet is thoughtfully customized for max storage and style. Don’t miss your chance to lease a home that truly stands out!

Investor Tools

Property Icon
$559,000
Estimated Property Value
$408,018Estimated Mortgage Balance
$150,982Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,354 /month
Positive
Cash Flow Estimate:
$1,118 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,249/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,189
$559,000
2025
N/A
N/A
$559,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,189
$559,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Deephaven Mortgage Llc
Commercial
$426,000
No
First
Jan 24, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$408,018
$150,982
27%
73%
$2,555/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,555/mo
+$455/mo
6.5%

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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2114 Trellis Pl | Property Details | No Agent List