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$525,350

NAL Estimated Property Value

801 Serenade Ln, Richardson, TX, 75081

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,226 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.91 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Microwave, Convection Oven, Vented Exhaust Fan
FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size10,875 sqft

Building Information

Year Built1977
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42048500010010000
Lot Number1
SubdivisionCollege Park North
Land UseResidential
Legal DescriptionCOLLEGE PARK NORTH BLK A LT 1 INT202200076555 DD03162022 CO-DC 0485000100100 3CR04850001
Census Tract019039
Assessed Land Value$125,000
Assessed Improvement Value$400,350
Assessment Year2025

About this property

Exceptionally updated 1 story rancher situated on a large corner lot & in the heart of all that Richardson has to offer! This open concept design is loaded with character & custom details throughout! Spacious and inviting living area features high ceilings, wood floors, and an abundance of natural light that gives the space an open airy feel! This classic chef's kitchen comes equipped with stainless appliances, stove top island, sleek vent hood, and light granite counters that carry through to the 3 full bathrooms, all redone in 2018. Owner's retreat offers 3 closets and a private en-suite with separate sinks & vanities, large soaking tub & walk-in shower. Highlights: Oversized bedroom that could flex as a 2nd living area, gorgeous original built-ins that have been updated, roof & fence new in 2018, gutters with leaf guards & all new PVC main lines in 2019. Mature trees, and the private backyard features a hot tub to make this home the ultimate move-in-ready oasis. RISD choice schools!

Investor Tools

Property Icon
$525,350
Estimated Property Value
$230,862Estimated Mortgage Balance
$294,488Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,152 /month
Positive
Cash Flow Estimate:
$1,051 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,135/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,997
$525,350
2025
$125,000
$400,350
$525,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,997
$525,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Credit Line (Revolving) / Heloc
$250,000
No
First
Apr 11, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$230,862
$294,488
56%
44%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,499/mo
+$1,511/mo
6.9%

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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801 Serenade Ln | Property Details | No Agent List