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$399,000

2203 Shady Vista, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,754 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$227.48 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size1,978 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces1

Land Information

APN421010300C0060000
SubdivisionLake Park Ests 1/University World
Land UseResidential
Legal DescriptionLAKE PARK ESTS 1/UNIVERSITY WORLD BLK C LT 6 INT201200090794 DD03302012 CO-DC 1010300C00600 3CR1010300C
Census Tract019205
Assessment Year2025

About this property

It's REALLY lovely! Two-story, three-bedroom brick townhome in the coveted, gated community of Lake Park Estates. Open plan design with vaulted ceilings. Fresh interior paint in gorgeous Benjamin Moore Revere Pewter, new luxury vinyl plank floors and new freize carpet. Granite counters, stainless appliances (fridge included), 42in cabinetry, center island, breakfast bar. Charming brick fireplace in family room. Water heater and HVAC unit recently replaced. Abundant storage space in attic. Private, fenced backyard with deck for entertaining. Attached two-car garage. Community pool, beautiful pond with waterfall, streetlamps. Responsive and proactive management company. Zoned for award-winning Richardson ISD! Easy access to downtown via I75 or DART. Walkable distance to wonderful shopping and dining, and short commute to UTD campus! Seller is relocating and can accommodate a quick close. Sounds like perfection? We agree.

Investor Tools

Property Icon
$487,000
Estimated Property Value
$0Estimated Mortgage Balance
$164,209Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,922 /month
Positive
Cash Flow Estimate:
$974 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$699/month
$464/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,951
$387,640
2025
N/A
N/A
$387,640
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,951
$387,640

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Susser Bank
Conventional
$323,725
No
First
Mar 12, 2026
Apr 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$322,791
$164,209
33%
66%
$1,941/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$2,405/mo
$-365/mo
5.0%

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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2203 Shady Vista | Property Details | No Agent List