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$160,000

902 S Weatherred Dr Apt D, Richardson, TX, 75080

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths900 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$177.78 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
FlooringBrick, Carpet, Laminate, Wood

Exterior

Private PoolPrivate Pool
Lot Size2.33 acres

Building Information

Year Built1967
Stories1
Roof Type172

Land Information

APN42217000019020300
SubdivisionShadow Lake Condominiums
Land UseResidential
Legal DescriptionSHADOW LAKE CONDOMINIUMS PH 1 & 2 BLDG A BLDG D APT 902-C CE 2.18% VOL2004109/9019 DD05202004 CO-DC 2170000190203 34221700001
Census Tract019202
Assessed Land Value$26,550
Assessed Improvement Value$129,590
Assessment Year2025

About this property

KITCHEN REMODEL COMPLETE! Come tour this hidden lakefront condo where peaceful water views meet comfort and convenience. Offered as-is, this home presents an incredible opportunity for buyers looking to make it their own. Inside, genuine oak hardwood floors create a warm, inviting feel. The kitchen has been redone (Nov 2025): New cabinets, new counter tops, and paint. There's $2,500 worth of high-end kitchen appliances still under warranty until Dec 2026, and the refrigerator stays. A brand-new commode installed in January 2025. Your private 350 sq ft deck is the showstopper. Perched over the lake with tree-lined views and tranquil water, it’s perfect for coffee at sunrise or a glass of wine at sunset while feeding the community ducks. The opposite shoreline, dotted with charming homes, creates a postcard-worthy backdrop for nature lovers, bird watchers, and artists seeking inspiration. Shadow Lake Condos offers a peaceful community atmosphere with convenient access to shopping, dining, and major highways. Enjoy entertainment less than two miles away at Alamo Drafthouse Richardson or explore the shops and restaurants at CityLine only about four miles away. Your new home awaits!

Investor Tools

Property Icon
$156,140
Estimated Property Value
$124,124Estimated Mortgage Balance
$32,916Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$67/month
$382/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20
$156,140
2025
$26,550
$129,590
$156,140
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20
$156,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
N/A
$14,999
No
First
N/A
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,224
$32,916
21%
79%
$745/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$1,127/mo
+$493/mo
12.5%

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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902 S Weatherred Dr Apt D | Property Details | No Agent List