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$1,381,000

NAL Estimated Property Value

1204 Cheyenne Pl, Richardson, TX, 75080

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,290 Sq Ft
price_per_sqft$424.01 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Microwave, Warming Drawer
FlooringCarpet, Hardwood, Stone, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBuilt-in Barbecue, Rain Gutters, Lighting, Private Yard, Outdoor Grill
Lot Size13,175 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42191501530170000
Lot Number17
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS ESTATES NORTH2 BLK 153 LOT 17 VOL2004223/3940 DD11092004 CO-DC 1915015301700 3CR19150153
Census Tract019205
Assessed Land Value$390,000
Assessed Improvement Value$366,430
Assessment Year2025

About this property

Multiple Offers Received - Please Submit by 6pm 10-2. Supremely special, second owner home, ONE OF A KIND 0.3+ acre CORNER, CUL-DE-SAC, CREEK LOT in the highly coveted Reservation neighborhood of Richardson! This property has been thoughtfully updated with modern luxuries while keeping with the warmth of a timeless Richardson home. Stunning custom oak hardwood floors bring you through the entire home and invite you into the open concept living room with soaring vaulted wood-beam ceilings. The premier eat-in chefs kitchen features massive Viking gas range, pot filler, large granite countertop island, warming drawer, and custom cabinetry. The serene first floor primary bedroom is highlighted by connecting ensuite with custom walk in closet system, spa like bathroom with timeless marble tile, soaking tub, dual vanities, and centerpiece of spacious shower enclosure. Four to five bedrooms, multiple living areas, and FOUR FULL bathrooms all provide so many options to feel at home - Need a 5th bedroom? Dedicated Office space? Media room or playroom? In-law wing? Second primary suite upstairs? This property has a super VERSATILE FLOORPLAN to accommodate many needs! The owner also added fantastic storage along the upstairs hallway that is lined with window seat storage & approx 150 sqft of custom closet storage space - a holiday decorator’s dream! Backyard oasis features SPARKLING SALTWATER POOL with extended tanning & play ledge, outdoor grill station, surrounded by lush landscaping for a resort feel. Bonus of storage room and equipment shed are all create an enterainers dream! Incredible amount of parking with 2 car garage + 12 car driveway spots on the property PLUS street parking in the cul de sac, posibilities are endless for project cars, recreation vehicles. RISD SCHOOLS! Major Upgrades: Foundation Work with Warranty (2014), Sewer Plumbing Under Home All PVC (2010), Class 4 Roof (2016), Water Heater (2019), High efficiency heater & AC unit upstairs (2021) + More!

Investor Tools

Property Icon
$1,381,000
Estimated Property Value
$570,340Estimated Mortgage Balance
$810,660Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,370 /month
Positive
Cash Flow Estimate:
$2,790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,525/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,395
$756,430
2025
$390,000
$366,430
$756,430
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,395
$756,430

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Fha
$573,361
Yes
First
Dec 8, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$570,340
$810,660
58%
41%
$3,346/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$3,346/mo
$-686/mo
2.3%

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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1204 Cheyenne Pl | Property Details | No Agent List