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$399,000

1001 Harness Lane, Richardson, TX, 75081

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,655 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$241.09 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringLaminate

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42012900020010000
SubdivisionArapaho Place
Land UseResidential
Legal DescriptionARAPAHO PLACE BLK B LOT 1 INT201700033987 DD01312017 CO-DC 0129000200100 3CR01290002
Census Tract019037
Assessment Year2025

About this property

Welcome to this beautifully updated 3 bedrooms and 2 bathrooms home in the heart of Richardson (Great Opportunity in Richardson ISD), offering modern finishes and a stylish open layout designed for both comfort and functionality. The fully remodeled kitchen is the centerpiece of the home, featuring a large quartz counter top, modern cooktop, designer vent hood, custom white cabinetry, and sleek tile backsplash. The space is perfect for entertaining, meal preparation, or gathering with family and friends. Throughout the home you'll find luxury-look flooring, recessed lighting, updated fixtures, and a bright open feel. The spacious living areas provide flexibility for both relaxation and entertaining. The bathrooms have been thoughtfully upgraded with contemporary tile work, glass shower enclosure, gold hardware accents, and modern fixtures, creating a spa-like atmosphere. Additional features include a custom sliding barn door, updated lighting, and large windows that bring in abundant natural light. Located in a well-established neighborhood with convenient access to shopping, dining, parks, and major highways, this home offers both style and convenience in a highly desirable area. Don't miss the opportunity to own this beautifully renovated home in Richardson.

Investor Tools

$260,597Estimated Mortgage Balance
$149,403Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,460 /month
Positive
Cash Flow Estimate:
$820 /month

Interested in this property?

Quan Truong

Citiwide Properties Corp.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$507/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,030
$374,450
2025
N/A
N/A
$374,450
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,030
$374,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crebrid Llc
Building Or Construction Loan
$262,500
No
First
Dec 29, 2025
Dec 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,597
$149,403
36%
64%
$1,574/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,574/mo
+$736/mo
6.8%

City: Richardson