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$202,000

2131 Trellis Place 2131, Richardson, TX, 75081

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,096 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$184.31 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater
FlooringCeramic Tile, Wood

Exterior

Lot Size10.20 acres

Building Information

Year Built1973
Stories2
Roof Type105

Land Information

APN42197500001380000
SubdivisionRichardson Lifestyle Townhomes
Land UseResidential
Legal DescriptionRICHARDSON LIFESTYLE TOWNHOMES VOL87004/4224 BLDG JJ UNIT 2131 CE 0.495% INT202100113916 DD04162021 CO-DC 1975000013800
Census Tract019024
Assessed Land Value$26,390
Assessed Improvement Value$176,110
Assessment Year2025

About this property

Welcome to this beautifully updated **End-Unit** townhome in the desirable Richardson Lifestyle Townhomes community. This charming 2-bedroom, 1.5-bath home offers approximately 1,096 square feet of comfortable living space with a functional two-story layout. Inside, you'll find tile and wood flooring throughout, giving the home a clean, modern look that's both stylish and easy to maintain. The spacious living area flows seamlessly into the dining area and kitchen, creating a welcoming space for everyday living and entertaining. A convenient half bath is located on the first floor, while upstairs you'll find two generously sized bedrooms and a full bath. As an **end unit**, the home offers added privacy and extra windows that fill the space with natural light. The HOA maintains the exterior, allowing you to enjoy a low-maintenance lifestyle. Conveniently located near US-75, I-635, and President George Bush Turnpike, you'll have easy access to shopping, dining, parks, and major employers. Served by Richardson ISD, this home is a great opportunity for first-time buyers, those looking to downsize, or investors. Buyer and Buyer's Agent to independently verify all information, including square footage, room dimensions, schools, taxes, HOA information, and any other information deemed important.

Investor Tools

$128,134Estimated Mortgage Balance
$74,366Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,215 /month
Positive
Cash Flow Estimate:
$405 /month

Interested in this property?

Anie Cross

Open House Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$229/month
$190/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,736
$202,500
2025
$26,390
$176,110
$202,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,736
$202,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ffc Mortgage Corp
Conventional
$142,500
No
First
Apr 16, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,134
$74,366
36%
63%
$855/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$1,045/mo
+$785/mo
10.8%

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.

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

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2131 Trellis Place 2131 | Property Details | No Agent List