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$513,000

NAL Estimated Property Value

2218 Owens Blvd, Richardson, TX, 75082

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,566 Sq Ft
price_per_sqft$196.41 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

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 Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size9,344 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42271600070020000
Lot Number2
SubdivisionWoodcreek Rep
Land UseResidential
Legal DescriptionWOODCREEK REP BLK G LOT 2 INT202400235374 DD11182024 CO-DC 2716000700200 3CR27160007
Census Tract019036
Assessed Land Value$81,000
Assessed Improvement Value$370,010
Assessment Year2025

About this property

Welcome to this charming home, offering 3 bed and 2.5 bath in a split-bedroom layout. As you step inside, you'll be greeted by a spacious living area centered around a cozy wood-burning fireplace, for relaxing. The wet bar adds a touch of elegance, ideal for hosting. The primary bedroom is a peaceful retreat, providing a space to unwind. The spa-like bathroom features both a shower and a luxurious bathtub, allowing you to choose between a quick refresh or a long soak. With walk-in closets and ample space, this primary suite is truly a sanctuary. The additional bedrooms, separated for privacy, are generously sized and filled with light, ideal for family, guests, or a home office. Outside, the covered patio extends your living space, offering a great spot for dining, relaxation, or gatherings. Whether you're sipping coffee or hosting a BBQ, this area is a perfect extension of the home. With its perfect combination of timeless charm and modern features, this home is a retreat.

Investor Tools

Property Icon
$513,000
Estimated Property Value
$351,182Estimated Mortgage Balance
$161,818Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,078 /month
Positive
Cash Flow Estimate:
$1,026 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$993/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,354
$451,010
2025
$81,000
$370,010
$451,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,354
$451,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Laxmi Narayan Enterprises Inc
Conventional
$360,809
No
First
Nov 18, 2024
Dec 2039

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$351,182
$161,818
31%
68%
$2,164/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,710/mo
$2,164/mo
+$546/mo
6.3%

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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