Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
A
NoAgentList RatingHow are grades calculated?Info

$605,870

NAL Estimated Property Value

2616 Spring Lake Dr, Richardson, TX, 75082

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,064 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.66 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesLighting

Building Information

Year Built1989
Stories2
Roof Type105
Garage Spaces2

Land Information

APNR-2068-015-0080-1
Lot Number8
SubdivisionSpring Park North No 8 (Crc)
Land UseResidential
Legal DescriptionSPRING PARK NORTH NO 8 (CRC), BLK 15, LOT 8
Census Tract032018
Assessed Land Value$159,500
Assessed Improvement Value$446,370
Assessment Year2025

About this property

Situated in the highly sought-after Plano ISD and directly across from Crowley Park, this beautifully maintained home offers 4 spacious bedrooms with Primary and Guest suite on main floor. The expansive primary suite includes a cozy sitting area, separate vanities, a relaxing soaking tub, and a separate shower. Designed for both comfort and entertaining, the home features 2 generous living spaces plus wet bar on the main floor, 2 fireplaces—one a charming decorative piece and the other with natural brick—along with engineered hardwood flooring and stylish decorative lighting throughout. The open floor plan is filled with natural light, complementing the spacious kitchen equipped with stainless steel appliances, a coffee bar, and ample storage. Additional highlights include a built-in wet bar with serving window to the sunroom that opens to the patio with separate solid wood pergola, and a beautifully landscaped backyard oasis. Enjoy your morning coffee on the front patio overlooking the park and greeting all of the neighbors on their morning walk. Upstairs find 2 bedrooms with a shared bathroom plus a loft area which could be office, teen hangout or music area. There is also a bonus room upstairs that can be used for additional storage. This home blends elegance, functionality, and location—ideal for modern living. Home was built with piers going to bedrock according to original owner and is nicely perched on a gentle hill which provides panoramic views of the beautiful park and walking trails. This property is a must see for the buyer who desires a meticulously maintained home in an incredible location!

Investor Tools

Property Icon
$605,870
Estimated Property Value
$569,231Estimated Mortgage Balance
$36,639Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,635 /month
Positive
Cash Flow Estimate:
$1,212 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$660/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,893
$605,870
2025
$159,500
$446,370
$605,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,893
$605,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Morgan Stanley Private Bank Na
Conventional
$575,000
No
First
Aug 22, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$569,231
$36,639
6%
94%
$3,265/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

2616 Spring Lake Dr | Property Details | No Agent List