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B+
NoAgentList RatingHow are grades calculated? Info

$299,860

426 Lynn St, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,042 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$287.81 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range
FlooringCarpet, Vinyl, Wood

Exterior

Exterior FeaturesStorage
Lot Size7,800 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42113500050370000
Lot Number37
SubdivisionNorthrich Acres
Land UseResidential
Legal DescriptionNORTHRICH ACRES BLK 5 LOT 37 INT202400204567 DD10082024 CO-DC 1135000503700 3CR11350005
Census Tract019211
Assessed Land Value$105,000
Assessed Improvement Value$194,860
Assessment Year2025

About this property

LOCATION, LOCATION, LOCATION! This well cared for home offers a great opportunity to re-imagine, update and make it your own. Nestled in the coveted Richardson ISD, this home features 3 bedrooms, 1 full bath, dining area, living room and a kitchen featuring a gas range. The original hardwood floors are under the carpeted areas in the living room, the hallway and the 3 bedrooms. Outside, the spacious lot boasts a large backyard featuring a 26x20 workshop with electrical and a garage door with alley access and two more storage units. The one car garage is over sized being 25 feet deep. The prime location is convenient to US 75, UTD-University of Texas at Dallas as well as the many shops and restaurants along Campbell Rd. and Coit Rd. This is an Estate Sale being sold as is. No Survey buyer expense. Washer and dryer included. Please see private remarks for seller's names for offers.

Investor Tools

Property Icon
$299,860
Estimated Property Value
$248,000Estimated Mortgage Balance
$58,856Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$666/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,497
$299,860
2025
$105,000
$194,860
$299,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,497
$299,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aml Funding Llc
Conventional
$248,000
No
First
Oct 8, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,004
$58,856
19%
80%
$1,487/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,487/mo
+$553/mo
8.2%

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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426 Lynn St | Property Details | No Agent List