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B+
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$534,790

1033 Lake Ridge Dr, Richardson, TX, 75081

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,035 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.13 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Convection Oven, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Lot Size5,000 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APN421010500A0360000
Lot Number36
SubdivisionThe Lakes At Buckingham
Land UseResidential
Legal DescriptionTHE LAKES AT BUCKINGHAM BLK A LT 36 INT202200149165 DD05252022 CO-DC 1010500A03600 3CR1010500A
Census Tract019040
Assessed Land Value$112,500
Assessed Improvement Value$422,290
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED -- PLEASE SUBMIT HIGHEST AND BEST BY NOON, MONDAY, MAY 2ND. Enjoy a lock and leave style living in a low maintenance home. One level, high ceilings, 3 bedrooms, 2 living areas, 2.5 baths, 2-car garage. Open flow to this floor plan, perfect for entertaining. Kitchen has efficient central island with pendant lights, dual stainless sinks and bar height counter for breakfast or coffee. Lg pantry, lots of luxurious cabinets, black appliances. Adjacent small breakfast area perfect for bistro-style table with views of back patio and pergola. Living room is elegantly spacious with a central grand fireplace bordered with tile surround and custom mantel. The formal dining room is embellished with wainscoting, boxed vaulted ceiling with decorator light fixture. 2nd living area (used as office) has plantation shutters, high ceiling and lighted ceiling fan. READ OFFER GUIDELINES BEFORE SENDING OFFER.

Investor Tools

Property Icon
$534,790
Estimated Property Value
$459,000Estimated Mortgage Balance
$110,152Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,209 /month
Positive
Cash Flow Estimate:
$1,070 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$861/month
$2,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,662
$534,790
2025
$112,500
$422,290
$534,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,662
$534,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homexpress Mortgage Corp
Conventional
$459,000
No
First
May 25, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$424,638
$110,152
20%
79%
$2,752/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$4,952/mo
$-2,642/mo
5.2%

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.

Explore Texas Explore This Area
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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1033 Lake Ridge Dr | Property Details | No Agent List