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$345,000

508 Fairview Dr, Richardson, TX, 75081

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,136 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$303.7 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave
FlooringVinyl

Building Information

Garage Spaces1

About this property

Welcome to this fully renovated gem located at 508 Fairview Drive in Richardson! Every detail has been thoughtfully updated to blend modern style with ultimate comfort and peace of mind. The upgraded kitchen features sleek quartz countertops, stainless steel appliances, decorative light fixtures, and a functional layout perfect for cooking and entertaining. Throughout the home, you will find new flooring, fresh interior paint, and elegant decorative wall panels in the dining area. Both bathrooms have been tastefully updated, including a primary suite with a newly added walk-in shower. Major system upgrades include a brand-new HVAC system, foundation repair complete with a transferrable warranty certificate, and a newly installed security system with a Ring doorbell. Outside, enjoy fresh exterior paint, updated landscaping, and a private backyard fully enclosed by a brand-new fence. Situated in a fantastic location, this home is within walking distance of a local park and elementary school. Turn-key and ready for move-in—don't miss out on this incredible Richardson home!

Investor Tools

$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month

Interested in this property?

Catrina Porter

Catrina Porter Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$462/month
No HOA
5.947%

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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