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$795,000

NAL Estimated Property Value

1120 Stratford Dr, Richardson, TX, 75080

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,923 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$350.67 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Hardwood, Tile

Exterior

Lot Size9,000 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42130600110260000
Lot Number26
SubdivisionJ J Pearce Sec
Land UseResidential
Legal DescriptionJ J PEARCE SEC 1 BLK 11 LOT 26 INT20210028478309222021 CO-DC 1306001102600 3CR13060011
Census Tract019205
Assessed Land Value$240,000
Assessed Improvement Value$395,000
Assessment Year2025

About this property

Fully updated and move in ready, this exceptional home is located in highly coveted Mohawk Elementary and offers a thoughtfully designed floor plan with abundant storage, multiple living and dining spaces, designer finishes throughout, and a central Richardson location walkable to both the elementary school and JJ Pearce High School and just minutes from the shopping of Pavilion North. The spacious family room features vaulted ceilings, a gas fireplace, and built in storage, creating the perfect gathering space. An oversized dining area with additional storage seamlessly connects to the beautifully renovated kitchen, complete with Taj Mahal quartzite countertops, double ovens, designer lighting and hardware selections, and two pantry areas. Adjacent to the kitchen, an additional dining and living area provides the perfect spot for casual meals, morning coffee, or everyday living. The versatile floor plan includes 4 bedrooms, with one currently serving as a private office. Two secondary bedrooms share a beautifully updated bath with dual sinks and a walk-in shower, while a separate full bath featuring stunning blue tile and a tub shower combination is conveniently located near common living spaces. The oversized primary suite features dual sinks with marble countertops, a separate vanity area, an oversized walk-in shower with dual shower heads, a private water closet, and a spacious walk-in closet. Additional highlights include a separate utility room with cabinetry and an attached two-car garage. Step outside to enjoy the private backyard featuring turf and a covered outdoor living area with a fireplace, creating the perfect setting for year-round entertaining. Recent improvements include a new roof, new HVAC system and ductwork, fresh interior and exterior paint, PVC plumbing per previous seller, offering peace of mind for years to come. A rare opportunity to own a beautifully updated home in one of Richardson's most sought-after neighborhoods and school zones.

Investor Tools

Property Icon
$795,000
Estimated Property Value
$1,565,878Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,150 /month
Positive
Cash Flow Estimate:
$2,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$844/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,156
$635,000
2025
$240,000
$395,000
$635,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,156
$635,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Fund I Llc
Building Or Construction Loan
$787,500
No
First
Mar 24, 2026
Mar 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,565,878
N/A
0%
197%
$9,444/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$9,444/mo
$-6,784/mo
4.0%

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.

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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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1120 Stratford Dr | Property Details | No Agent List