Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Days0Days on Market
Views4view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$619,000

2118 Trellis Place, Richardson, TX, 75281

On MarketInfo
Just AddedInfo
Beds6 Beds
Baths4 Bath
Baths3,296 Sq Ft
DuplexDuplex
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave
FlooringLaminate

Exterior

Lot Size12,500 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces3

Land Information

APN42230500130350000
Lot Number35
SubdivisionSpring Ridge
Land UseResidential
Legal DescriptionSPRING RIDGE 7 BLK M LOT 35 INT202300253446 DD12152023 CO-DC 2305001303500 3CR23050013
Census Tract019024
Assessed Land Value$100,000
Assessed Improvement Value$472,870
Assessment Year2025

About this property

Don’t miss this excellent income-producing duplex featuring 6 bedrooms, 4 bathrooms, and a total of 4 garage spaces. Unit 2118 is currently rented for $2,350 per month and features updated granite countertops, stainless steel appliances, and remodeled bathrooms. Unit 2120 is currently rented for $2,000 per month, bringing the total rental income to $4,350 per month. Both units have new HVAC systems installed in 2026, and foundation and plumbing repairs have been completed, providing added peace of mind for the next owner. Conveniently located within Richardson schools and close to shopping, dining, and everyday amenities, this property offers an excellent combination of rental income, recent improvements, and a desirable location. Whether you are an experienced investor or looking to add your first income-producing property to your portfolio, this duplex is an opportunity you won’t want to miss.

Investor Tools

$404,953Estimated Mortgage Balance
$232,047Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,822 /month
Positive
Cash Flow Estimate:
$1,274 /month

Interested in this property?

Phuong Nguyen

Berkshire HathawayHS PenFed TX

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,307/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,497
$572,870
2025
$100,000
$472,870
$572,870
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,497
$572,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flagstar Bank Na
Conventional
$425,625
No
First
Dec 15, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$404,953
$232,047
36%
64%
$2,552/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,552/mo
+$458/mo
5.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...