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$385,620

NAL Estimated Property Value

1101 Wake Drive, Richardson, TX, 75081

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,588 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$217.25 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size10,494 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces1

Land Information

APN42151500050320000
Lot Number32
SubdivisionRichardson East 4th Sec
Land UseResidential
Legal DescriptionRICHARDSON EAST 4TH SEC BLK E LOT 32 105X132X98X106 INT202100328502 DD10292021 CO-DC 1515000503200 3CR15150005
Census Tract019039
Assessed Land Value$100,000
Assessed Improvement Value$285,620
Assessment Year2025

About this property

MULTIPLE OFFERS-HIGHEST & BEST DUE BY NOON 10-4. Completely updated for today's buyer. Home has no carpet throughout & light color palette. Upon entry one is greeted by warm luxury vinyl plank flooring & formal living room with sight lines to stone fireplace in main living. Dining room adjoins to open kitchen & second living. Kitchen features quartz c-tops, new ss appliances: electric range, vent-a-hood, dishwasher, 42 inch shaker cabinets & breakfast bar. Owners suite is generous in size with two closet areas, ensuite bathroom with large shower & herringbone pattern subway tile surround. New windows, attached 2 car garage with bonus storage area, spacious backyard, backup generator with transfer switch & more!

Investor Tools

Property Icon
$385,620
Estimated Property Value
$258,614Estimated Mortgage Balance
$127,006Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,314 /month
Positive
Cash Flow Estimate:
$771 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$699/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,466
$385,620
2025
$100,000
$285,620
$385,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,466
$385,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$283,200
No
First
Oct 29, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,614
$127,006
32%
67%
$1,698/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,698/mo
+$1,312/mo
9.4%

City: Richardson

1101 Wake Drive | Property Details | No Agent List