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Days516Days on Market
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$430,000

$440,000

631 Matthew Pl, Richardson, TX, 75081

On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths1,956 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$219.84 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Hardwood

Exterior

Lot Size1,890 sqft

Building Information

Year Built2013
Stories2
Roof Type105
Garage Spaces2

Land Information

APN421046500J13A0000
SubdivisionMckamy Park
Land UseResidential
Legal DescriptionMCKAMY PARK BLK J LT 13A INT201300252316 DD08062013 CO-DC 1046500J13A00 3CR1046500J
Census Tract019101
Assessment Year2025

About this property

Welcome to 631 Matthew Place, a beautifully refreshed townhome offering 3 bedrooms, 2.5 bathrooms, and 1,956 square feet of thoughtfully designed living space in a highly desirable location. Built in 2013, this move-in-ready residence blends stylish updates, functional design, and low-maintenance living with convenient access to shopping, dining, major commuter routes, and DART Rail. Fresh interior paint, professionally cleaned interiors, and freshly cleaned carpet create an inviting first impression. The open-concept main level is filled with natural light and features hardwood flooring, spacious living and dining areas, and a versatile office or flex space, one of only two floor plans in the community to include this sought-after feature. The upgraded kitchen is designed for everyday living and entertaining with new countertops, an upgraded backsplash, custom cabinetry, a large center island, stainless steel appliances, a one-year-old cooktop, new dishwasher, new microwave, upgraded pots-and-pans drawer, and a new faucet. Upstairs, the spacious primary suite showcases a striking gabled ceiling, an oversized walk-in closet, and a well-appointed bath with both a soaking tub and separate shower. Two additional bedrooms, a full bath, and a second living area provide flexible space for work, hobbies, or relaxation. Additional improvements include a new vanity, sink, and light fixture in the powder bath, generous attic storage, and an oversized coat closet for exceptional organization. A two-car garage adds everyday convenience, while the community pool and park offer opportunities to unwind close to home. Combining modern upgrades, flexible living spaces, excellent storage, and a prime location within Richardson ISD, this exceptional property delivers comfort, convenience, and lasting value for buyers seeking an updated townhome with contemporary finishes and outstanding accessibility.

Investor Tools

Property Icon
$503,000
Estimated Property Value
$0Estimated Mortgage Balance
$503,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,018 /month
Positive
Cash Flow Estimate:
$1,006 /month

Interested in this property?

Ashley VerSteeg

Redfin Corporation

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,003/month
$370/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,518
$444,780
2025
N/A
N/A
$444,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,518
$444,780

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$444,780
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$370/mo
+$1,940/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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631 Matthew Pl | Property Details | No Agent List