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$661,209

NAL Estimated Property Value

2550 N Collins Blvd, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,471 Sq Ft
price_per_sqft$261.03 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
AppliancesSome Gas Appliances, Built In Gas Range, Double Oven, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Microwave, Plumbed For Gas, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Tile, Wood

Exterior

Exterior FeaturesPrivate Yard, Rain Gutters
Lot Size2,265 sqft

Building Information

Year Built2019
Stories2
Garage Spaces2

Land Information

APNR-10820-00L-0100-1
Lot Number10
SubdivisionPalisades Town Central (Crc)
Land UseResidential
Legal DescriptionPALISADES TOWN CENTRAL (CRC), BLK L, LOT 10
Census Tract031815
Assessed Land Value$162,000
Assessed Improvement Value$499,209
Assessment Year2025

About this property

Sleek, Sophisticated & a perfect way to start the new year in style in this K Hovnanian 2-story designer home. Casual entertaining or carefree living in this open floorplan, well-designed home w Brilliant Smart Home system that connects speakers, music system, remote light options, Ring & Ecobees. Downstairs offers handsome wood & walls of windows adorned w Plantation shutters or custom Roman shades. Gourmet kitchen w designer touches including lit upper cabinets, SS appliances, gas cooktop w vent-a-hood & double oven, breakfast bar & large pantry. Upstairs features game room & split bedrooms for privacy. Primary suite has spacious bedroom w sitting area, spa-like bath & oversized closet & extra closet, too. Laundry room up w washer & dryer. Handy mud room & quiet work station. Al fresco dining outside, freshly-stained pergola & recently installed turf yard ideal for pets. Community greenbelt, jogging path. Close proximity to major thoroughfares 190 & 75, restaurants & shopping galore.

Investor Tools

Property Icon
$661,209
Estimated Property Value
$501,881Estimated Mortgage Balance
$159,328Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,967 /month
Positive
Cash Flow Estimate:
$1,322 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,127/month
$961/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,214
$661,209
2025
$162,000
$499,209
$661,209
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,214
$661,209

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Arvest Bank
Conventional
$524,000
No
First
Jan 26, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$501,881
$159,328
24%
76%
$3,142/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$4,103/mo
$-2,063/mo
3.7%

City: Richardson

2550 N Collins Blvd | Property Details | No Agent List