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$538,300

NAL Estimated Property Value

614 S Briarcrest Drive, Richardson, TX, 75081

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,356 Sq Ft
price_per_sqft$148.54 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Electric Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size11,000 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42048500050210000
Lot Number21
SubdivisionCollege Park North
Land UseResidential
Legal DescriptionCOLLEGE PARK NORTH BLK E LOT 21 INT202000340240 DD12032020 CO-DC 0485000502100 3CR04850005
Census Tract019039
Assessed Land Value$125,000
Assessed Improvement Value$413,300
Assessment Year2025

About this property

Newly renovated one story house in a highly sought after College Park community. This corner lot home has vaulted ceiling in family rm and high ceiling in living rm (both with beams and built in shelves) and with a wet bar in the middle to provide you the best entertaining space. Split bedrooms (in 3 different corners of the house) to ensure your privacy. Fresh paint, updated marble backsplash in kitchen, laminate floor, new tiles, new granite and quartz countertop, new light fixtures and hardware throughout. You will enjoy spacious modern master bath with large walk in shower and closet. Newer HVAC, water heater, and roof. Great bright space inside and nice green backyard make a great family home!

Investor Tools

Property Icon
$538,300
Estimated Property Value
$282,081Estimated Mortgage Balance
$256,219Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,230 /month
Positive
Cash Flow Estimate:
$1,077 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$916/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,303
$538,300
2025
$125,000
$413,300
$538,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,303
$538,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$314,955
No
First
Dec 3, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,081
$256,219
47%
52%
$1,889/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,889/mo
+$1,121/mo
6.7%

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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614 S Briarcrest Drive | Property Details | No Agent List