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Owner Contacts

$297,050

NAL Estimated Property Value

777 Custer Road 2-1, Richardson, TX, 75080

Off Market

2 Beds

2 Bath

1,208 Sq Ft

Condos / Townhouses

$240.07 / sqft

Built in 1981

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Washer

FlooringCarpet, Vinyl

Exterior

Private Pool

Exterior FeaturesRain Gutters, Tennis Court(s), Uncovered Courtyard

Lot Size8.42 acres

Building Information

Year Built1981

Stories2

Roof Type104

Garage Spaces1

Land Information

APN42062400000V00001

SubdivisionCuster Trails Condominiums

Land UseResidential

Legal DescriptionCUSTER TRAILS CONDOMINIUMS BLK 0624 8.416 ACS BLDG V UNIT 1 CE 1.069% APT 2-1 INT202400238122 DD11222024 CO-DC 062400000V000

Census Tract019203

Assessed Land Value$78,380

Assessed Improvement Value$218,670

Assessment Year2025

About this property

BELOW MARKET VALUE! LAST CHANCE TO BUY BEFORE RENOVATIONS BEGIN in November THEN PRICE WILL INCREASE to match identical renovated units at #14-3 and #15-4. HOA dues include blanket insurance, water, sewer, trash, community pool, park, & sport court with pickleball & shuffleboard. Highly sought-after Single Story interior corner condo with a detached 1 car garage & 1 space carport in a cozy 82 unit complex. Split bedroom plan is ideal for guests or roommates. Huge primary suite has large walk-in closet, twin sinks & bathtub-shower combo. Split second bedroom has ensuite bathroom. Spacious living & dining areas with vaulted ceilings, brick hearth woodburning fireplace & sliding doors to a side patio. Solar screens for privacy. Light & bright kitchen includes electric range oven-cooktop, microwave, dishwasher & refrigerator. Full-size Washer & Dryer are included. Investors, this unit leased for $1,850 in As-Is condition! Only 2 vehicles allowed. Same owner for the past 26 yrs.

Investor Tools

$297,050

Estimated Property Value

$6,388Estimated Mortgage Balance

$290,662Estimated Equity

97% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,782 /month

Positive

Cash Flow Estimate:

$594 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$700/month

$317/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,911

$297,050

2025

$78,380

$218,670

$297,050

Tax History

Year

Tax Paid

Assessed Value

2024

$6,911

$297,050

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Sunbelt Natl Mtg Corp

N/A

$45,500

N/A

First

Dec 15, 1998

Jan 2029

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$6,388

$290,662

97%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,620/mo

$317/mo

+$1,303/mo

6.5%

Learn About the Market: Opportunity in Texas

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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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