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$516,260

NAL Estimated Property Value

2206 Shady Creek Drive, Richardson, TX, 75080

$520,070 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,003 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.21 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListARV FlipHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker, Refrigerator, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesStorage
Lot Size8,050 sqft

Building Information

Year Built1967
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42024500150230000
Lot Number23
SubdivisionCanyon Creek 3rd
Land UseResidential
Legal DescriptionCANYON CREEK 3RD INST BLK 15 LT 23 INT202100058656 DD02252021 CO-DC 0245001502300 3CR02450015
Census Tract019210
Assessed Land Value$325,000
Assessed Improvement Value$191,260
Assessment Year2025

About this property

Excellent chance to own this well priced home in popular Canyon Creek of W. Richardson. Close to the park & top rated schools. Convenient location near 190&75! Tons of new construction homes all around. Charming curb appeal w painted brick, rustic gray shutters+fresh landscaping. Great, 1 story floorplan w 4 beds, 2 baths, 2 living+2 dining. Open living w skylight, fireplace, charming mantel, built-ins & wood floors. Kitchen features granite counters, breakfast bar, extra under-mount fridge+pantry. Good sized master w walk-in closet, wood-like tile floors & updated bath. Covered porch overlooking backyard w storage shed. This home is SOLD AS IS.**MULTIPLE OFFERS RECEIVED. BEST & FINAL OFFERS DUE SUN, JAN 24 6PM

Investor Tools

Property Icon
$516,260
Estimated Property Value
$89,918Estimated Mortgage Balance
$426,342Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$520,070
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,098 /month
Positive
Cash Flow Estimate:
$1,033 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$794/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,944
$516,260
2025
$325,000
$191,260
$516,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,944
$516,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$100,000
No
First
Feb 25, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$89,918
$426,342
82%
17%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$600/mo
+$2,060/mo
6.2%

City: Richardson

2206 Shady Creek Drive | Property Details | No Agent List