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$455,220

NAL Estimated Property Value

305 S Lois Ln, Richardson, TX, 75081

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,716 Sq Ft
price_per_sqft$232.52 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size13,095 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42014500090010000
Lot Number1
SubdivisionAzalea Park
Land UseResidential
Legal DescriptionAZALEA PARK BLK 9 LT 01 INT202400259620 DD12192024 CO-DC 0145000900100 3CR01450009
Census Tract019102
Assessed Land Value$150,000
Assessed Improvement Value$305,220
Assessment Year2025

About this property

All the charm and serenity you are looking for in Central Richardson! Lovely corner lot on a quiet street, this home has wood flooring in all main areas. Step into the large living and dining room combo to envision your family gatherings. The kitchen boasts granite counters, stainless appliances, gas range and oven, and easy access to large pantry and laundry room. Spacious breakfast room adjoins kitchen with access to backyard and garage. Primary bedroom with ensuite bath has been updated with dual sinks and large walk-in shower. Other two bedrooms and hall bath with 1950s-era tile are down the hall. Enjoy countless peaceful times in your backyard retreat complete with covered patio. Wonderful home in terrific location!

Investor Tools

Property Icon
$455,220
Estimated Property Value
$304,151Estimated Mortgage Balance
$151,069Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,731 /month
Positive
Cash Flow Estimate:
$910 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$623/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,202
$455,220
2025
$150,000
$305,220
$455,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,202
$455,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$312,000
No
First
Dec 19, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,151
$151,069
33%
67%
$1,871/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,871/mo
+$439/mo
6.1%

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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