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$503,460

615 Birch Lane, Richardson, TX, 75081

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,601 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.4 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCeramic Tile, Laminate, Parquet

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Rain Gutters, Private Yard
Lot Size9,000 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42211750020140000
Lot Number14
SubdivisionRichland Park East 2nd Sec Rev
Land UseResidential
Legal DescriptionRICHLAND PARK EAST 2ND SEC REV BLK BB LOT 0014 INT202100112363 DD04092021 CO-DC 2117500201400 3CR21175002
Census Tract019041
Assessed Land Value$125,000
Assessed Improvement Value$378,460
Assessment Year2025

About this property

Come out and see this stunning 4 bedroom 3 bath home in Richland Park subdivision. Beautiful curb appeal with circle drive. Bright open living room with fireplace. Kitchen features tile floors, plenty of cabinet space, granite countertops and double oven. Master bath offers granite countertops, double farm style sinks and large stand up shower. Beautiful accents throughout. Enjoy your evenings on the covered patio relaxing by the pool and firepit. Newly replaced roof and new windows. Must see!

Investor Tools

Property Icon
$503,460
Estimated Property Value
$0Estimated Mortgage Balance
$138,988Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,021 /month
Positive
Cash Flow Estimate:
$1,007 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$941/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,779
$503,460
2025
$125,000
$378,460
$503,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,779
$503,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Devlin Inc
Conventional
$403,750
No
First
Apr 9, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$364,472
$138,988
27%
72%
$2,421/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,421/mo
+$589/mo
7.2%

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.

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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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615 Birch Lane | Property Details | No Agent List