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$421,820

NAL Estimated Property Value

401 Fairview Drive, Richardson, TX, 75081

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,041 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.74 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Convection Oven, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size14,240 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42261500080230000
Lot Number23
SubdivisionVillage Square
Land UseResidential
Legal DescriptionVILLAGE SQUARE BLK H LT 23 INT201800304605 DD11152018 CO-DC 2615000802300 3CR26150008
Census Tract019102
Assessed Land Value$95,000
Assessed Improvement Value$326,820
Assessment Year2025

About this property

Great opportunity in sought-after & rapidly transitioning heart of Richardson near Terrace Park, comm pool, restaurants, Alamo Drafthouse, DART, Telecom corridor! Original one-owner home on large third-acre corner lot with spa & diving pool. Backyard paradise has lush lawn, huge patio & mature trees. No wasted space on old-fashioned formal living areas! Enjoy a huge family room with vaulted ceiling & brick fplc. Split 4th bedrm can be game-media room. 2 WI closets & 2 vanities in master. Recent roof, water heater, HVAC & dual-pane windows. Loads of potential with curb appeal, character & good bones. Bring decorating ideas to reflect your personality. Sweat-equity can make this gem worth $350k or more. Come see.

Investor Tools

Property Icon
$421,820
Estimated Property Value
$227,465Estimated Mortgage Balance
$194,355Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,531 /month
Positive
Cash Flow Estimate:
$844 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$774/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,177
$421,820
2025
$95,000
$326,820
$421,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,177
$421,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brazos National Bank
Unknown
$267,900
No
First
Nov 15, 2018
Dec 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,465
$194,355
46%
54%
$1,607/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,607/mo
+$1,403/mo
8.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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401 Fairview Drive | Property Details | No Agent List