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$349,900

709 S Spring Creek Dr, Richardson, TX, 75081

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,569 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.01 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Gas Water Heater, Microwave

Exterior

Exterior FeaturesRain Gutters
Lot Size8,400 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42076500080490000
Lot Number49
SubdivisionGreenmeadow
Land UseResidential
Legal DescriptionGREENMEADOW BLK H LT 49 INT202300140655 DD07142023 CO-DC 0765000804900 3CR07650008
Census Tract019024
Assessed Land Value$90,000
Assessed Improvement Value$247,990
Assessment Year2025

About this property

Beautifully updated and well-maintained, this home has all you could ask for! The flooring has been updated with luxury vinyl plank. The kitchen has upgraded cabinets and granite countertops and is open to the living room, dining room, and overlooks the backyard. Both the primary bathroom and the guest bathroom have been completely remodeled as well. This home has it all! The three large bedrooms include an oversized primary that is the size of a 1-car garage! Located in a great neighborhood in Richardson, this home faces Berkner Park and is walking distance to Berner High School. This home is a must-see for anyone looking for a truly exceptional property!

Investor Tools

Property Icon
$363,000
Estimated Property Value
$292,000Estimated Mortgage Balance
$86,119Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,178 /month
Positive
Cash Flow Estimate:
$726 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$612/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,531
$337,990
2025
$90,000
$247,990
$337,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,531
$337,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brazos National Bank
Conventional
$292,000
No
First
Jul 14, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$276,881
$86,119
23%
76%
$1,751/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,751/mo
+$559/mo
7.6%

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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709 S Spring Creek Dr | Property Details | No Agent List