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B+
NoAgentList RatingHow are grades calculated? Info
Days90Days on Market
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$785,000

308 Towne House Lane, Richardson, TX, 75081

On MarketInfo
Beds6 Beds
Baths4 Bath
Baths3,440 Sq Ft
DuplexDuplex
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size12,012 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces3

Land Information

APN42273500050080000
Lot Number8
SubdivisionWoodhaven
Land UseResidential
Legal DescriptionWOODHAVEN 2 BLK E LOT 8 VOL95172/4639 DD082895 CO-DALLAS 2735000500800 34227350005
Census Tract019102
Assessed Land Value$80,000
Assessed Improvement Value$431,000
Assessment Year2025

About this property

Updated duplex in central location within minutes of shopping, restaurants, and major highways! Each unit offers 3 beds and 2 full baths with a 4-car carport in a shared driveway at the rear. 308 - huge living space with beamed ceiling and brick fireplace, fully updated kitchen with butcher block countertops and a glass tile backsplash, an abundance of cabinetry, electric cooktop, stainless appliances, and eat-in area. Primary suite offers a large bath with granite counter vanity, ample storage space, and generously-sized walk-in closet with built-ins. Sliding glass doors off of the family room and breakfast nook into the backyard with two separate patio areas! 310 - same large living area with beamed ceiling and fireplace, updated kitchen with granite countertops and a glass tile backsplash, an abundance of cabinetry, electric cooktop, and eat-in area. Primary suite offers a large bath with dual vanities, ample storage space, and generously-sized walk-in closet with built-ins. Sliding glass door off of the family room opens to a large backyard with one patio area! Brand new fencing was just installed April of 2026!

Investor Tools

Property Icon
$777,000
Estimated Property Value
$0Estimated Mortgage Balance
$777,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,710 /month
Positive
Cash Flow Estimate:
$1,570 /month

Interested in this property?

William Nelson

Your Home Free LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$782/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,500
$511,000
2025
$80,000
$431,000
$511,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,500
$511,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$777,000
100%
0%
$0/mo

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.

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

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