$545,000
SOLD JUN 4, 2025
Last list price
6 Beds
4 Baths
3,333 Sq Ft
0.27 Acres

Recently Sold

$164 Per Sq Ft

9 Days on Market

Highlights

  • Open Floorplan
  • Corner Lot
  • Private Yard
  • Living Room with Fireplace
  • Granite Countertops
  • Covered Patio or Porch

About This Home

As of June 2025

Welcome to 400 Tiffany Trail in the lively city of Richardson, TX—a prime investment opportunity that combines modern upgrades with income potential! This duplex is perfect for investors or anyone looking to enjoy the benefits of rental income. Each unit offers 3 bedrooms, 2 bathrooms, and 1600 square feet of living space. Unit 400 boasts a completely remodeled kitchen featuring granite countertops, as well as new cabinets and appliances, while stylish vinyl plank flooring graces the living room for a chic, modern look. Fresh paint throughout adds a bright and welcoming touch. Unit 402 complements with its own charm, featuring freshly painted walls and kitchen cabinets in a crisp white finish, creating a clean and contemporary atmosphere. Pictures are not reflective of current condition. Set on an expansive 11,954 square foot lot, both units are currently leased, ensuring a steady income stream right from the start. This duplex is an ideal choice for anyone looking to expand their investment portfolio or secure a property with future personal use in mind. Explore the vibrant community of Richardson and seize this opportunity to own a versatile and income-producing property.

Last Agent to Sell the Property

Megan Oh

Compass RE Texas, LLC Brokerage Phone: 972-499-6718 License #0678294 Listed on: 05/01/2025

Compass RE Texas, LLC

Last Buyer's Agent

Jim Glynn

JG Real Estate, LLC License #0540156

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,010

Year Built

  • Built in 1975

Lot Details

  • 0.27 Acre Lot
  • Wood Fence
  • Corner Lot
  • Sprinkler System
  • Private Yard
  • Back Yard

Parking

  • 4 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Fireplace Features Masonry
  • Window Treatments
  • Living Room with Fireplace
  • 2 Fireplaces

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Richland Elementary School
  • Berkner High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / E
  • Assessor Parcel Number 42210500050010000

Community Details

Overview

  • 2 Units
  • 3,333 Sq Ft Building
  • Richland Park Subdivision

Building Details

  • Gross Income $54,542
  • Net Operating Income $54,542

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,010

Year Built

Built in 1975

Lot Details

0

Parking

4

Listing Details

  • OWNERNAME: See Tax
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Year Built Details: Preowned
  • Attribution Contact: 972-499-6718
  • CapRate: 10.01
  • Co List Office Mls Id: CMPS04
  • Special Features: VirtualTour
  • Year Built: 1975

Interior Features

  • Windows: Window Coverings
  • Fireplace Features: Gas Starter, Living Room, Masonry, Wood Burning
  • Interior Amenities: Eat-in Kitchen, Granite Counters, High Speed Internet, Open Floorplan, Paneling/Wainscoting, Cable TV, Walk-In Closet(s)
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl Plank
  • Appliances: Dishwasher, Electric Range, Disposal, Gas Water Heater, Microwave
  • Basement YN: No
  • Fireplaces: 2

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Foundation: Slab
  • Community Features: Sidewalks
  • Fencing: Back Yard, Wood
  • Roof: Composition
  • Construction Materials: Brick
  • Exterior Features: Lighting, Private Yard, Rain Gutters
  • Pool Features: None
  • Patio And Porch Features: Front Porch, Covered

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric
  • Garage Spaces: 4.0
  • Total Covered Spaces: 4.0
  • Parking Features: Door-Single, Garage, Garage Door Opener, Garage Faces Rear
  • Attached Garage YN: Yes
  • GarageYN: Yes

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Natural Gas
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Available, Separate Meters, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Richland
  • High School: Berkner
  • Junior High Dist: Richardson ISD

Lot Info

  • Lot Features: Corner Lot, Subdivision, Sprinkler System
  • Lot Size Units: Acres
  • Lot Size Area: 0.274
  • Parcel Number: 42210500050010000
  • Lot Size Acres: 0.274
  • Lot Size Sq Ft: 11935.44

Building Info

  • Year Built: 1975
  • Units Total: 2
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 4959.0
  • Annual Gross Income: 54542.0
  • Property Net Operating Income: 54542.0

Tax Info

  • TaxBlock: E
  • Tax Lot: 1
  • Tax Annual Amount: 11010.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2025
Closed on
Jun 4, 2025
Sold by
Tomme Brian E and Tomme Pamela A
Bought by
Bill Lau Childrens Revocable Trust and Lau
Seller's Agent
Megan Oh
Compass RE Texas, LLC
Buyer's Agent
Jim Glynn
JG Real Estate, LLC
List Price
$545,000
Views
38

Purchase Details

Closed on
Apr 30, 2020
Sold by
Daily Cynthia Ann
Bought by
Bg Securities Llc

Purchase Details

Closed on
Jan 17, 2018
Sold by
Zurlis James Louis and Zurlis Judith Best
Bought by
Tomme Brian E and Tomme Pamela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 1998
Sold by
Barnett James C and Barnett Jean C
Bought by
Zurlis James Louis and Zurlis Judith Best

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,600
Interest Rate
7.09%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- Independence Title
Warranty Deed -- Stewart
Vendors Lien -- None Available
Vendors Lien -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $291,900 New Conventional
Previous Owner $244,500 New Conventional
Previous Owner $124,600 No Value Available
Previous Owner $124,600 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2025 06/04/25 Sold -- -- --
05/10/2025 05/10/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $545,000 0.0% $164 / Sq Ft
07/28/2021 07/28/21 Rented $1,775 0.0% --
07/21/2021 07/21/21 Off Market $1,775 -- --
07/06/2021 07/06/21 Price Changed $1,775 -1.1% $1 / Sq Ft
05/19/2021 05/19/21 For Rent $1,795 0.0% --
05/05/2021 05/05/21 Off Market $1,795 -- --
03/15/2021 03/15/21 Price Changed $1,795 +23.8% $1 / Sq Ft
03/04/2021 03/04/21 For Rent $1,450 -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,010 $504,950 $120,000 $384,950
2024 $11,010 $504,950 $120,000 $384,950
2023 $11,010 $504,950 $120,000 $384,950
2022 $7,971 $326,000 $85,000 $241,000
2021 $8,549 $326,000 $85,000 $241,000
2020 $8,703 $326,000 $85,000 $241,000
2019 $9,133 $326,000 $85,000 $241,000
2018 $8,002 $299,480 $60,000 $239,480
2017 $7,281 $272,720 $60,000 $212,720
2016 $5,992 $224,440 $60,000 $164,440
2015 $5,051 $191,380 $50,000 $141,380
2014 $5,051 $191,380 $50,000 $141,380
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20919380

North Texas Real Estate Information Systems (NTREIS)

APN: 42210500050010000