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$560,000

NAL Estimated Property Value

308 Murray Ln, Richardson, TX, 75080

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,692 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.59 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size6,450 sqft

Building Information

Year Built1964
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42128500080240000
Lot Number24
SubdivisionParkview
Land UseResidential
Legal DescriptionPARKVIEW ESTATES 3 2ND SEC BLK 8 LT 24 INT202400098012 DD05132024 CO-DC 1285000802400 3CR12850008
Census Tract019202
Assessed Land Value$100,000
Assessed Improvement Value$449,000
Assessment Year2025

About this property

Nestled on a peaceful cul-de-sac in Richardson's Parkview Estates, this beautiful home offers a serene retreat surrounded by mature shade trees. Meticulously maintained, the property boasts a new kitchen with on-trend style, complemented by new wood floors downstairs and new carpet throughout. A new roof in 2023 and new HVAC in 2020 ensure comfort and efficiency for years to come. Crafted with attention to quality and detail, the home features a spacious, functional floor plan ideal for modern living. Custom built-ins and a charming brick chimney add character and warmth to the interior. Large, private fenced backyard for enjoying the outdoors. Conveniently located, this residence offers easy access to Richardson's amenities, schools, and parks. With its blend of updates and timeless appeal, this home is a must-see for those seeking comfort and style in a peaceful setting.

Investor Tools

Property Icon
$560,000
Estimated Property Value
$464,187Estimated Mortgage Balance
$95,813Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,360 /month
Positive
Cash Flow Estimate:
$1,120 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,267/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,401
$549,000
2025
$100,000
$449,000
$549,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,401
$549,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$473,230
No
First
Apr 4, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$464,187
$95,813
17%
83%
$2,838/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$2,838/mo
$-178/mo
5.7%

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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308 Murray Ln | Property Details | No Agent List