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$1,168,000

NAL Estimated Property Value

1129 Mill Springs, Richardson, TX, 75080

Off MarketInfo
Beds6 Beds
Baths5 Bath
Baths4,737 Sq Ft
price_per_sqft$242.77 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Water Purifier
FlooringCarpet, Luxury Vinyl Plank

Exterior

Private PoolPrivate Pool
Lot Size9,875 sqft

Building Information

Year Built1979
Stories2
Roof Type105
Garage Spaces2

Land Information

APN420536000H0050000
Lot Number5
SubdivisionCottonwood Creek
Land UseResidential
Legal DescriptionCOTTONWOOD CREEK ESTATES 2 & 3 BLK H PT LT 5 9796 SQ FT JURIS SPLIT REM IN COLLIN CO INT202400081264 DD04222024 CO-DC
Census Tract019210
Assessed Land Value$297,000
Assessed Improvement Value$828,000
Assessment Year2025

About this property

Price REDUCED below Appraised Value! If you are looking for LOTS of room in a GREAT location and EXCELLENT schools, this beautifully renovated home in Cottonwood Creek is IT! Revamped in 2022, it’s the perfect blend of family comfort and sophistication for gatherings. Downstairs exudes elegance with an open floorplan centered around a see-through fireplace and gorgeous open Kitchen featuring white cabinets, chic quartz counters, ss apps and huge dining area. 3 DS living areas are flexible to fit your needs-from formal living, to office, school or crafting. 3 BRs include primary w ensuite bath, sep shower and tub, dual vanities and WI closets. 2nd BR would make an excellent nursery or office while 3rd is great for guests. Spacious Den w sliding glass door leads to an outdoor haven under a covered patio with fireplace and overlooking pool. Upstairs you will find 3 large BRs, each w huge closets, a generous game room and a bonus room, perfect for an office or gym. LVP floors throughout.

Investor Tools

Property Icon
$1,168,000
Estimated Property Value
$963,658Estimated Mortgage Balance
$204,342Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,008 /month
Positive
Cash Flow Estimate:
$2,336 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,013/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,310
$1,125,000
2025
$297,000
$828,000
$1,125,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,310
$1,125,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Federal Bank Fsb
Conventional
$766,500
No
First
Apr 22, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$963,658
$204,342
17%
83%
$6,004/mo

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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1129 Mill Springs | Property Details | No Agent List