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$363,000

533 Fairview Drive, Richardson, TX, 75081

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,260 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$288.1 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood, Vinyl

Exterior

Exterior FeaturesLighting, Storage

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces1

Land Information

APN42266500030200000
SubdivisionWalton Terrace
Land UseResidential
Legal DescriptionWALTON TERRACE BLK 3 LOT 20 INT202400115600 DD06042024 CO-DC 2665000302000 3CR26650003
Census Tract019102
Assessment Year2025

About this property

Beautifully updated home featuring a bright open-concept design and thoughtful upgrades throughout. The spacious kitchen offers soft-close cabinetry, updated countertops, a stainless steel sink and faucet, and opens seamlessly to the main living area, creating the perfect space for gathering and entertaining. Recent improvements include a new roof installed in 2024, Low-E windows, water-resistant luxury vinyl flooring, remodeled bathrooms, updated lighting, attic insulation, and HVAC maintenance. The property features an attached front-entry garage, plus a gated alley entrance providing additional parking space. Located just a block from the elementary school and with a community park and pool conveniently accessible through the alley, this home combines modern updates with an unbeatable location. Close to shopping, dining, and everyday conveniences, Completely move-in-ready!

Investor Tools

$193,124Estimated Mortgage Balance
$140,966Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,178 /month
Positive
Cash Flow Estimate:
$726 /month

Interested in this property?

Jenny Cisneros

OnDemand Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$408/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,229
$334,090
2025
N/A
N/A
$334,090
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,229
$334,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$200,000
No
First
Jun 4, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,124
$140,966
42%
58%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,200/mo
+$1,110/mo
8.3%

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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533 Fairview Drive | Property Details | No Agent List