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$743,400

NAL Estimated Property Value

1121 Overlake Dr, Richardson, TX, 75080

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,533 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$339.32 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListAbsentee Owner

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 Oven, Gas Water Heater, Tankless Water Heater, Other
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Lot Size11,700 sqft

Building Information

Year Built1963
Stories2
Roof Type111
Garage Spaces2

Land Information

APN42127500050030000
Lot Number3
SubdivisionParkview
Land UseResidential
Legal DescriptionPARKVIEW ESTATES 3 BLK 5 LOT 3 INT202400188550 DD09172024 CO-DC 1275000500300 3CR12750005
Census Tract019202
Assessed Land Value$100,000
Assessed Improvement Value$643,400
Assessment Year2025

About this property

Thoughtfully redesigned by the owners (architect & designer), this Parkview Estates neighborhood residence matches the finish and feel of a Park Cities home. From the museum finish walls and the rare Caracas Bleu antique limestone island counter top, to the solid oak wood floors (nailed down and finished onsite) and the fully heated saltwater diving pool, this home lives like a $1.5M property. DaVinci lifetime composite slate roof (2022); new windows (2021 and 2024); new plumbing (2015, 2021, and 2024); see full list of updates in MLS documents. This address offers a convenient location near Central Expressway, LBJ Freeway, Northwood Country Club, and only a 20 minute drive to Downtown Dallas. It’s near restaurants and retail, and within Richardson ISD.

Investor Tools

Property Icon
$743,400
Estimated Property Value
$652,010Estimated Mortgage Balance
$91,390Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,157 /month
Positive
Cash Flow Estimate:
$1,719 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,035/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,703
$743,400
2025
$100,000
$643,400
$743,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,703
$743,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$672,000
No
First
Sep 17, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$652,010
$91,390
12%
88%
$4,029/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$4,029/mo
$-1,369/mo
4.3%

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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1121 Overlake Dr | Property Details | No Agent List