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$403,860

NAL Estimated Property Value

624 Raford Hill Ln, Richardson, TX, 75081

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,835 Sq Ft
price_per_sqft$227.52 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Water Heater, Gas Range, Microwave
FlooringCarpet, Tile

Exterior

Lot Size3,123 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APN422666300A18A0000
Lot Number18A
SubdivisionWaterford Villas Amending
Land UseResidential
Legal DescriptionWATERFORD VILLAS AMENDING BLK A LT 18A INT202400194967 DD09252024 CO-DC 2666300A18A00 3CR2666300A
Census Tract019102
Assessed Land Value$80,000
Assessed Improvement Value$323,860
Assessment Year2025

About this property

This End Unit townhome in the heart of Richardson is PERFECT! Great location, easy access to 75, near the new revitalized downtown district, Richardson Heights, & the Lockwood area. There are plenty of restaurants & retail options nearby, excellent schools & fabulous parks! This floorplan has an open living area centered around a fireplace with coziness & charm, a formal dining area perfect for gatherings, and an additional office space that could function as a downstairs bedroom! There is an adjacent hall closet and a full bathroom downstairs. The kitchen is completely updated with fresh white cabinets, quartz counters, beautiful backsplash & SS appliances. An upstairs loft living area provides the flexibility of additional living or work space. The primary bedroom is large and spacious with an ensuite bathroom and large walk-in closet. The backyard offers a luxurious retreat with a covered patio & built-in gas line providing shade, comfort & space to enjoy the outdoors year round.

Investor Tools

Property Icon
$403,860
Estimated Property Value
$293,259Estimated Mortgage Balance
$110,601Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,505 /month
Positive
Cash Flow Estimate:
$835 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$502/month
$755/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,010
$403,860
2025
$80,000
$323,860
$403,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,010
$403,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prime Lending Inc
Conventional
$302,250
No
First
Sep 25, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,259
$110,601
27%
73%
$1,813/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$2,568/mo
$-738/mo
5.4%

Learn About the Market: Opportunity in Texas

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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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624 Raford Hill Ln | Property Details | No Agent List