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$460,240

NAL Estimated Property Value

1009 N Cottonwood Drive, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,626 Sq Ft
price_per_sqft$236.78 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Refrigerator
FlooringCarpet, Wood

Exterior

Lot Size8,960 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42168501060190000
Lot Number19
SubdivisionRichardson Heights 2nd Sec
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 9 2ND SEC BLK 106 LT 19 INT202200081316 DD03222022 CO-DC 1685010601900 3CR16850106
Census Tract019215
Assessed Land Value$100,000
Assessed Improvement Value$360,240
Assessment Year2025

About this property

Move in ready and updated! SS appliances, granite countertops, hand scraped hardwoods in the main areas and hallways, boxed ceilings with cedar beams. Open concept living room and kitchen with updated cabinets and eat in kitchen. Updated master bath with quartz countertops and a walk in shower. Large grass backyard with a huge deck and pergola for outdoor entertaining. Multiple offers received

Investor Tools

Property Icon
$460,240
Estimated Property Value
$373,309Estimated Mortgage Balance
$86,931Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,761 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$855/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,961
$460,240
2025
$100,000
$360,240
$460,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,961
$460,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Willow Bend Mortgage Co
Conventional
$405,000
No
First
Mar 22, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$373,309
$86,931
18%
81%
$2,429/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$2,429/mo
$-389/mo
5.3%

City: Richardson

1009 N Cottonwood Drive | Property Details | No Agent List