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$468,000

638 Williams Way, Richardson, TX, 75080

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,135 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.94 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size8,000 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42129500020180000
Lot Number18
SubdivisionParkview
Land UseResidential
Legal DescriptionPARKVIEW ESTATES 4 BLK 2 LOT 18 INT200600445381 DD11302006 CO-DC 1295000201800 3CR12950002
Census Tract019211
Assessed Land Value$105,000
Assessed Improvement Value$339,470
Assessment Year2025

About this property

Spacious 4 bedroom, 3 living, 2 dining, 2 bath home on located on a corner lot in sought after RISD neighborhood. Home boasts wood flooring, an oversized 2 car garage and large yard. Microwave and dishwasher replaced in July 2019. Fantastic location close to UTD and feeding into award winning Richardson schools including J.J. Pearce High School.

Investor Tools

Property Icon
$468,000
Estimated Property Value
$169,500Estimated Mortgage Balance
$332,658Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,808 /month
Positive
Cash Flow Estimate:
$936 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,003/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,692
$444,470
2025
$105,000
$339,470
$444,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,692
$444,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homeward Residential Inc
Unknown
$169,500
No
First
Oct 4, 2016
Feb 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,342
$332,658
71%
29%
$1,017/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,017/mo
+$1,023/mo
5.2%

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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