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$488,670

NAL Estimated Property Value

523 Birch Lane, Richardson, TX, 75081

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,286 Sq Ft
price_per_sqft$155.29 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size9,000 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42211500020120000
Lot Number12
SubdivisionRichland Park 2nd Sec
Land UseResidential
Legal DescriptionRICHLAND PARK 2ND SEC BLK F LOT 12 INT201800278450 DD10112018 CO-DC 2115000201200 3CR21150002
Census Tract019041
Assessed Land Value$125,000
Assessed Improvement Value$363,670
Assessment Year2025

About this property

Natural light shines beautifully into this recently remodeled home in RISD. Stylish updates make this home far from cookie cutter. The layout is functional and open with a true dining room, two living areas, and a gorgeous sitting area with French doors looking out into the pool. The newly renovated kitchen is open and airy with gorgeous concrete countertops that give the space a trendy industrial feel. Coffered ceilings in the center living area adds character to this very special home. The pool and hot tub have recently been re-plastered and updated with new tile. Conveniently located near entertainment, restaurants, and parks. This home is ready for new buyers!

Investor Tools

Property Icon
$488,670
Estimated Property Value
$241,346Estimated Mortgage Balance
$247,324Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,932 /month
Positive
Cash Flow Estimate:
$977 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,092/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,655
$488,670
2025
$125,000
$363,670
$488,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,655
$488,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Unknown
$284,900
No
First
Oct 11, 2018
Nov 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,346
$247,324
50%
49%
$1,709/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,709/mo
+$1,301/mo
7.4%

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.

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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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