$1,808,000
NAL Estimated Property Value2117 Flat Creek Dr Fl At, Richardson, TX, 75080
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Ceramic Tile
Exterior
Lot Size8,050 sqft
Building Information
Year Built1966
Stories1
Roof Type105
Garage Spaces4
Land Information
APN42023500110080000
Lot Number8
SubdivisionCanyon Creek 2nd
Land UseResidential
Legal DescriptionCANYON CREEK 2ND INST BLK 11 LT 8 INT202500103551 DD05132025 CO-DC 0235001100800 3CR02350011
Census Tract019210
Assessed Land Value$325,000
Assessed Improvement Value$215,620
Assessment Year2025
About this property
Welcome to 2117 Flat Creek Dr, Richardson—a home overflowing with potential in an unbeatable location! This is more than just a house—it’s your opportunity to create something spectacular. If you're a dream-home seeker, this property is ready for your vision! Nestled in a highly sought-after neighborhood, this home offers spacious interiors, and a prime location in Canyon Creek. This is the opportunity you have been waiting for!
Investor Tools
$1,808,000
Estimated Property Value
$834,486Estimated Mortgage Balance
$973,514Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,848 /month
Positive
Cash Flow Estimate:
$3,616 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,257/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,042
$540,620
2025
$325,000
$215,620
$540,620
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,042
$540,620
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Security Bank
Commercial
$845,598
No
First
Aug 4, 2025
Aug 2029
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$834,486
$973,514
53%
46%
$5,070/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$5,070/mo
$-2,410/mo
1.8%
