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$701,000

NAL Estimated Property Value

2418 Mesa Dr, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,942 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$347.58 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringTile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0104-041-0210-1
Lot Number21
SubdivisionCanyon Creek Country Club No 5 (Crc)
Land UseResidential
Legal DescriptionCANYON CREEK COUNTRY CLUB NO 5 (CRC), BLK 41, LOT 21
Census Tract031814
Assessed Land Value$390,000
Assessed Improvement Value$267,355
Assessment Year2025

About this property

Options galore! Remodeled pier & beam sits on nearly half an acre in the heart of Canyon Creek - live in it as is, add on, or tear it down to build a massive new home. Towering oaks surround the house. Inside, hand-scraped hardwoods flow throughout with the exception of tiled kitchens & baths. More windows than walls, the house floods with light all day. Custom kitchen cabinetry topped with upgraded granite features storage-maximizing pull-out organizers. SS appliances include 5-burner gas range, microwave, dishwasher, & industrial-style pull-down faucet. Room to stretch out in the master suite with dual sinks & oversized shower with body sprays. Beamed ceilings add drama to the enormous, open living & dining areas. Entertainer's dream outside with approx 19x17' covered outdoor living area with TV cabinet, room for outdoor grill, darts, seating, etc. More seating on approx 16x20' adjacent deck. Rear of lot has approx 33x10' extension perfect for RV or boat storage.

Investor Tools

Property Icon
$701,000
Estimated Property Value
$528,463Estimated Mortgage Balance
$172,537Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,206 /month
Positive
Cash Flow Estimate:
$1,402 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,228/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,231
$657,355
2025
$390,000
$267,355
$657,355
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,231
$657,355

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jmac Lending Inc
Conventional
$535,500
No
First
Aug 14, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$528,463
$172,537
24%
75%
$3,211/mo

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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2418 Mesa Dr | Property Details | No Agent List