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$470,000

502 Birch Ln, Richardson, TX, 75081

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,739 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.6 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size9,000 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42211500030020000
Lot Number2
SubdivisionRichland Park 2nd Sec
Land UseResidential
Legal DescriptionRICHLAND PARK 2ND SEC BLK G LOT 2 INT202400197478 DD09262024 CO-DC 2115000300200 3CR21150003
Census Tract019041
Assessed Land Value$125,000
Assessed Improvement Value$329,850
Assessment Year2025

About this property

Welcome to 502 Birch Lane, a versatile 4-bedroom, 3.5-bathroom home in Richardson. This two-story residence offers space and potential, with fresh paint and carpet, making it ready for your personal touches. The bright, open living area is perfect for relaxation or entertaining. The kitchen, with ample cabinets, flows into the dining area, ideal for family meals. A formal living room on the main floor easily transforms into a home office or study. The master suite, conveniently on the main floor, provides a peaceful retreat. Upstairs, find three additional bedrooms, including a Jack-and-Jill bathroom and another with a private ensuite—perfect for guests or family. The backyard features a sparkling pool, and the oversized garage offers extra storage or workshop space. Located in a well-established neighborhood with easy access to schools, parks, and highways, this home is ready for your vision. Don’t miss the chance to make 502 Birch Lane your dream home!

Investor Tools

Property Icon
$454,850
Estimated Property Value
$325,500Estimated Mortgage Balance
$139,032Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$681/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,898
$454,850
2025
$125,000
$329,850
$454,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,898
$454,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$325,500
No
First
Sep 26, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$315,818
$139,032
30%
69%
$1,952/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,952/mo
+$1,058/mo
7.9%

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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