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$542,830

4120 Runyon Rd, Addison, TX, 75001

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,391 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$345.07 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Refrigerator, Wine Cooler
FlooringWood

Exterior

Lot Size736 sqft

Building Information

Year Built2018
Stories3
Roof Type105
Garage Spaces2

Land Information

APN100112700B0560000
Lot Number56
SubdivisionAddison Grove
Land UseResidential
Legal DescriptionADDISON GROVE BLK B LT 56 INT202200144755 DD05202022 CO-DC 0112700B05600 2CA0112700B
Census Tract013727
Assessed Land Value$100,000
Assessed Improvement Value$442,830
Assessment Year2025

About this property

MORTGAGE SAVINGS MAY BE AVAILABLE FOR BUYERS OF THIS LISTING. CHECK WITH THE LISTING AGENT FOR DETAILS. Location! Location! Location! This bright and inviting 2 bed, 2.5 bath Addison townhome is perfectly situated in one of the most desirable and rapidly growing areas in DFW. Enjoy an abundance of natural sunlight throughout the kitchen, living room, and spacious primary bedroom. Both bedrooms are located upstairs and feature private ensuite bathrooms, offering comfort and privacy for all. Unlike other units in the community, this particular townhome does not face the neighboring parking lot. Instead, it boasts drive-up, door-front access for added convenience—ideal for homeowners and guests alike. Nestled in a beautifully maintained, dog-friendly townhome community, the neighborhood is safe, serene, and filled with thoughtful touches like walking trails and community seating areas. Located just minutes from Addison’s vibrant Entertainment District, you're surrounded by endless dining options—from local favorites to international cuisine. With easy access to I-635, TX-190, DNT, both airports, and other major hubs are all within 30 minutes. Additional perks include low HOA dues, negotiable washer and dryer, and a neighborhood full of pride in ownership. Whether you're a first-time buyer or looking to invest in an area with strong property value potential, this townhome is a smart move in a prime location. Welcome home! 3D tour available online.

Investor Tools

Property Icon
$542,830
Estimated Property Value
$458,689Estimated Mortgage Balance
$118,480Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,257 /month
Positive
Cash Flow Estimate:
$1,086 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$917/month
$145/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,291
$542,830
2025
$100,000
$442,830
$542,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,291
$542,830

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Fha
$458,689
Yes
First
May 20, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$424,350
$118,480
21%
78%
$2,751/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,160/mo
$2,896/mo
$-736/mo
4.8%

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: Addison

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4120 Runyon Rd | Property Details | No Agent List