Property Idea – 2 Yale Circle Richardson, TX

We went to check out this property in Richardson recently – it is a REO property, this is in a sought after area of Richardson. Nice leafy neighborhood, close distance to schools.

2016-02-10 08.01.29 2016-02-10 08.05.45 2016-02-10 08.06.46

Area: This is a good area of Richardson, this property is very close to elementary school (walking distance), it’s in a cul-de-sac, most properties are sold above $110 to $120 per sq.ft. This is an upcoming neighborhood of North Richardson because of Yale and Dartmouth Elementary are highly rated.

Neighborhood: Off Yale Blvd, this cul-de-sac has less than 10 properties, and all are custom homes, seems like a very nice neighborhood.

Layout: Almost 2,000 sq.ft, open space living room (1), 2nd living room is kind of at back of kitchen with wet-bar, it is like a family room or can be used as a 4th bedroom (but has a wet-bar). Uncommon to see properties have 2 living rooms in this area anymore.

Pros and Cons

Pros: 1. Layout – Good layout, spacious rooms throughout the property
2. Flooring – Most flooring have been changed (laminate flooring and tiles), the only rooms require to change are carpets – living room and bedrooms.
3. Lighting – Natural lights in most rooms, feel warm and nice.
4. Bathroom sizes – both master and main bathrooms are good sized bathrooms, there is also a hallway toilet off the kitchen.
5. HVAC – AC Condenser looks new and furnace working when I was there at 68F, HVAC unit also seems OK, suggest to service the unit.
6. Termite Inspection – There is a report there that it was done recently.
7. Roof Condition – Roof looks in acceptable condition
8. Backyard – Good sized backyard, and with a deck as well
9. Fireplace – Looks like a brand new fireplace with bricks – really nice look.

Cons
1. Foundation Cracks – some visible cracks on the left side of the property (outside 2nd living room and some near kitchen area)
2. Dips in dining area -tiles show a visible slope/grade in the breakfast areas, but there are no cracks on tiles and walls – this could be due to bad tiling or could be foundation – foundation check is required during inspection.
3. Bathrooms look outdate – the master bathroom looks outdated and just a shower area with no bath-tub, the shower area may need to be replaced.
4. Fence side gate collapsed – it has collapsed but this is an easy repair.
5. Kitchen Appliances – They look outdated and may need to be replaced

DropBox Link

https://www.dropbox.com/sh/gh5tw3nkehh339q/AADUON-DTgS-hPpL39mATPNfa?dl=0

Video Link

https://www.dropbox.com/s/an4pqdgxs8xbm9j/2016-02-10%2014.15.26.mp4?dl=0

**Important Disclaimer**  This is not our listing, we are buyers’ agents, we represent buyers to purchase properties in Texas.

About Thomas Su Group

Thomas Su Group is licensed through Keller Williams Preston Road Dallas office. Thomas Su Group specializes in helping international and interstate investors buying in Dallas areas. Its clients include investors from Australia, Canada, China, Hong Kong, Taiwan, Great Britain, Saudi Arabia, Latin America and India. We have also helped interstate clients from California, New York, Illinois, Florida and Georgia.

PLEASE CONTACT US IF YOU ARE INTERESTED IN BUYING OR LISTING PROPERTIES IN DALLAS, TEXAS

Thomas Su – Realtor (English & Chinese)

Thomas Su Group

Keller Williams Realty Preston Road

Email: rwp1688@gmail.com

Phone: (469) 347 1839

 

Denise Gonzalez-Rubio (English & Spanish)

Realtor

Keller Williams Realty Preston Road

Email: denisegrubio@kw.com

Phone: (972) 786 6198