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Owner Contacts

$380,000

735 Emily Ln, Richardson, TX, 75081

Off Market

3 Beds

3 Bath

1,815 Sq Ft

Condos / Townhouses

$209.37 / sqft

Built in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave

FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesCourtyard

Lot Size2,565 sqft

Building Information

Year Built2014

Stories2

Roof Type105

Garage Spaces2

Land Information

APN421046500A0070000

Lot Number7

SubdivisionMckamy Park

Land UseResidential

Legal DescriptionMCKAMY PARK BLK A LOT 7 INT202400087040 DD04292024 CO-DC 1046500A00700 3CR1046500A

Census Tract019101

Assessed Land Value$104,500

Assessed Improvement Value$288,500

Assessment Year2025

About this property

Charming and spacious townhome is ready to be your next home. NEW CARPET March 2024. Home has a beautiful view of landscaped greenbelt with creek for you to enjoy. You can study or work in the home office with french doors. Formal dining room can be used as a flex space or gameroom. This home has an open floor plan with natural light from the courtyard. Upgraded hardwood floors throughout entry, study, formal dining and family room. Entertain in the large kitchen with eat-in island, granite countertops, stainless steel appliances, and lots of counter space and cabinetry. Kitchen looks into oversized family room. Intimate courtyard is gated and provides for privacy. Find 3 bedrooms and 2 full baths upstairs. Relax in the oversized primary bedroom and bath with shower and garden tub. 2 more bedrooms share a full bath. Garage has outlet for electric car. Located in the heart of Richardson, close to highways 75, 365, George Bush, lots of shopping, restaurants and the DART rail system.

Investor Tools

$393,000

Estimated Property Value

$385,881Estimated Mortgage Balance

$21,589Estimated Equity

2% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,358 /month

Positive

Cash Flow Estimate:

$786 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$928/month

$280/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,170

$393,000

2025

$104,500

$288,500

$393,000

Tax History

Year

Tax Paid

Assessed Value

2024

$9,170

$393,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Nations Reliable Lending Llc

Fha

$385,881

Yes

First

Apr 29, 2024

May 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$371,411

$21,589

95%

$2,314/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,310/mo

$2,594/mo

$-284/mo

7.1%

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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