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$2,500

531 Matthew Pl, Richardson, TX, 75081

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,353 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.85 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer

Exterior

Lot Size1,540 sqft

Building Information

Year Built2012
Stories2
Roof Type105
Garage Spaces2

Land Information

APN421046500K07A0000
Lot Number7A
SubdivisionMckamy Park
Land UseResidential
Legal DescriptionMCKAMY PARK BLK K LOT 7A INT202500090378 DD04302025 CO-DC 1046500K07A00 3CR1046500K
Census Tract019101
Assessed Land Value$95,000
Assessed Improvement Value$261,330
Assessment Year2025

About this property

Well-maintained and move-in ready, this updated townhome is located in the desirable Brick Row community. The open floor plan features wood flooring on the first level and stair risers, with luxury vinyl plank flooring throughout the second floor—no carpet in the home. The kitchen is equipped with granite countertops, a built-in microwave, gas range, and ample cabinet space, offering both functionality and style. Bathrooms have been updated with modern finishes. The primary suite includes a walk-in closet and the home offers generous storage throughout. Conveniently located near local parks, dining, grocery stores, and the DART rail station for easy commuting.

Investor Tools

Property Icon
$356,330
Estimated Property Value
$245,000Estimated Mortgage Balance
$116,750Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,138 /month
Positive
Cash Flow Estimate:
$713 /month

Interested in this property?

Ashley Holliman

Brownstone Real Estate Group

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$545/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,759
$356,330
2025
$95,000
$261,330
$356,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,759
$356,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nuwave Lending Llc
Conventional
$245,000
No
First
Apr 30, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$240,319
$116,011
32%
67%
$1,469/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$1,829/mo
+$1/mo
6.2%

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.

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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531 Matthew Pl | Property Details | No Agent List