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$392,350

NAL Estimated Property Value

302 S Lindale Ln, Richardson, TX, 75080

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,323 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.93 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range

Exterior

Exterior FeaturesRain Gutters
Lot Size6,565 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APN42153500030210000
Lot Number21
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 1 BLK C LOT 21 INT202500038502 DD02212025 CO-DC 1535000302100 3CR15350003
Census Tract019202
Assessed Land Value$160,000
Assessed Improvement Value$232,350
Assessment Year2025

About this property

COMPLETELY REMODELED and absolutely stunning home for rent in highly desirable Richardson Heights. Enormous fenced in backyard and a sprawling wood deck skirts the entire back of the home. Perfect for entertaining or playing fetch with your dog! All new appliances and designer finishes. Open concept floor plan with a huge kitchen and TONS of natural light throughout. Foam insulated, new energy efficient air conditioner and furnace keep costs low. Incredibly convenient location close to award winning Richardson schools, shopping, entertainment, and restaurants. Easy access to the highway for commuters. Don't let this one get away! Pets are case by case. Short term leases will be considered at a premium.

Investor Tools

Property Icon
$392,350
Estimated Property Value
$114,989Estimated Mortgage Balance
$277,361Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,354 /month
Positive
Cash Flow Estimate:
$785 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$908/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,938
$392,350
2025
$160,000
$232,350
$392,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,938
$392,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bokf Na
Conventional
$117,590
No
First
Feb 21, 2025
Mar 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$114,989
$277,361
70%
29%
$706/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$706/mo
+$1,334/mo
6.2%

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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302 S Lindale Ln | Property Details | No Agent List