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$520,163

NAL Estimated Property Value

2562 Morning Glory Drive, Richardson, TX, 75082

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,146 Sq Ft
price_per_sqft$172.41 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-1636-002-0060-1
Lot Number6
SubdivisionSpringpark North No 7 (Crc)
Land UseResidential
Legal DescriptionSPRINGPARK NORTH NO 7 (CRC), BLK 2, LOT 6
Census Tract032018
Assessed Land Value$145,000
Assessed Improvement Value$375,163
Assessment Year2025

About this property

Completely Remodeled Fabulous single story home with two spacious living areas, offers inviting curb appeal with mature trees, well manicured yard, Vaulted ceiling with wood beams, with a long list of quality improvements recently completed such as gorgeous hardwood flooring and new carpet, Master bath updates, shower, Remodeled open concept Kitchen with tile backsplash. Decorative lighting with ceiling fans in living areas and bedrooms. Wet bar area next to living room. Conveniently located near Methodist Hospital, State Farm and Cityline multi-use complex, neighborhood parks, trails, DART and Highways 75 and 190

Investor Tools

Property Icon
$520,163
Estimated Property Value
$285,288Estimated Mortgage Balance
$234,875Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,121 /month
Positive
Cash Flow Estimate:
$1,040 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$837/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,440
$520,163
2025
$145,000
$375,163
$520,163
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,440
$520,163

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$313,600
No
First
Aug 6, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,288
$234,875
45%
55%
$1,881/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.

Explore Texas Explore This Area
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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2562 Morning Glory Drive | Property Details | No Agent List