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$399,380

NAL Estimated Property Value

612 Gray Stone Ln, Richardson, TX, 75081

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,755 Sq Ft
price_per_sqft$227.35 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Lot Size2,166 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APN422666300B0040000
Lot Number4
SubdivisionWaterford Villas Amending
Land UseResidential
Legal DescriptionWATERFORD VILLAS AMENDING BLK B LT 4 INT202400157442 DD08012024 CO-DC 2666300B00400 3CR2666300B
Census Tract019102
Assessed Land Value$80,000
Assessed Improvement Value$319,380
Assessment Year2025

About this property

Charming 2-Story Townhouse in Richardson, Texas - Welcome to your new home in the heart of Richardson! This impeccably maintained 2-bedroom, 2.5-bathroom townhouse offers the perfect blend of comfort and convenience. Nestled in a desirable neighborhood, this home is just minutes away from parks, shopping, and a variety of restaurants. Key Features: Spacious Living: Enjoy the abundance of space with 2 living areas and 2 dining areas, perfect for entertaining or relaxing. Modern Amenities: A 2-car garage provides ample parking and storage. Outdoor Bliss: The private patio with turf is ideal for outdoor gatherings or enjoying a quiet moment. Pristine Condition: This home is spotless and very well-maintained, ready for you to move in and start making memories. Don't miss the opportunity to own this beautiful townhouse in a prime location. Schedule your tour today and experience all that this home has to offer!

Investor Tools

Property Icon
$399,380
Estimated Property Value
$344,378Estimated Mortgage Balance
$55,002Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,396 /month
Positive
Cash Flow Estimate:
$799 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$814/month
$780/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,777
$399,380
2025
$80,000
$319,380
$399,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,777
$399,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Conventional
$355,500
No
First
Aug 1, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$344,378
$55,002
13%
86%
$2,132/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$2,912/mo
$-1,082/mo
5.5%

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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