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$497,034

NAL Estimated Property Value

2803 Madison Ct, Richardson, TX, 75082

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,404 Sq Ft
price_per_sqft$187.19 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-2903-00A-0190-1
Lot Number19
SubdivisionBreckinridge Park Estates No 1 (Crc)
Land UseResidential
Legal DescriptionBRECKINRIDGE PARK ESTATES NO 1 (CRC), BLK A, LOT 19
Census Tract031334
Assessed Land Value$147,000
Assessed Improvement Value$350,034
Assessment Year2025

About this property

Location, location, location!! Spacious 4 bedroom, 2 bath with a formal dining in highly sought after Breckenridge Park Estates and Plano ISD! Situated across the street from the community pool gives all the benefits of having a pool without the expense & upkeep! Large kitchen with plenty of storage and granite counter tops. This rare find is on a corner lot in a beautiful well-kept neighborhood with shopping and restaurants nearby. What a great opportunity to make this your perfect home, don’t miss out!

Investor Tools

Property Icon
$497,034
Estimated Property Value
$247,084Estimated Mortgage Balance
$249,950Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,982 /month
Positive
Cash Flow Estimate:
$994 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$660/month
$177/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,437
$497,034
2025
$147,000
$350,034
$497,034
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,437
$497,034

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Credit Union Of Texas
Credit Line (Revolving) / Heloc
$249,999
No
First
Sep 12, 2025
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,084
$249,950
50%
50%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,530/mo
$1,676/mo
+$1,854/mo
8.5%

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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