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$415,000

533 Carol Ct, Richardson, TX, 75081

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,625 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$255.38 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size8,910 sqft

Building Information

Year Built1967
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42014500070100000
Lot Number10
SubdivisionAzalea Park
Land UseResidential
Legal DescriptionAZALEA PARK BLK 7 LT 10 INT202100125443 DD04282021 CO-DC 0145000701000 3CR01450007
Census Tract019102
Assessed Land Value$150,000
Assessed Improvement Value$204,670
Assessment Year2025

About this property

Nestled in the sought-after Highland Terrace neighborhood, this beautifully maintained home combines timeless character with thoughtful updates. Step inside to find an abundance of natural light, fresh paint touch-ups, and original architectural charm throughout. The updated kitchen features new quartz countertops, backsplash, and dishwasher - perfect for everyday living and entertaining. Additional updates include a new sliding door to the backyard, new front-facing windows (including the bay window), and expanded case opening between kitchen and living room. Ample hallway storage adds to the home’s functionality. The backyard is a true retreat, featuring immaculate landscaping, mature trees, plenty of grassy space for play, and a versatile 8’x12’ standalone flex room with AC perfect for a home office. Outdoor seating areas invite relaxation, while a newly replaced portion of fencing enhances privacy. Practical improvements include a recently replaced roof, gutters, HVAC system including portions of duct work, electrical panel, hot water heater, portions of plumbing and a new garage door with motor. Set on an interior location within the street, this property offers the best of neighborhood living while maintaining easy access to I-75, Alamo Drafthouse, Communion Coffee, Lockwood Distilery, and much more.

Investor Tools

Property Icon
$403,000
Estimated Property Value
$326,400Estimated Mortgage Balance
$79,445Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$635/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,599
$354,670
2025
$150,000
$204,670
$354,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,599
$354,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Conventional
$326,400
No
First
Nov 21, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$323,555
$79,445
19%
80%
$1,957/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,957/mo
+$353/mo
6.9%

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.

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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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533 Carol Ct | Property Details | No Agent List