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$519,900

1213 Elmwood Dr, Richardson, TX, 75080

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$282.55 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Stone, Wood

Exterior

Exterior FeaturesOther

Building Information

Garage Spaces2

About this property

Charming single story 4 bedroom 2 bath brick home set beneath a canopy of mature trees with inviting curb appeal and a beautifully maintained lawn. Inside, the bright, neutral interior offers a flexible open layout with multiple living and dining areas, abundant natural light, crown molding, and fireplace. The updated kitchen features white cabinetry, brand new stainless steel appliances, a built-in workspace, and convenient flow to the surrounding entertaining areas. The spacious primary bedroom includes hardwood flooring and ensuite bath. Fresh neutral paint and new decorative lighting throughout. Large screened in porch provides an ideal setting for relaxing or entertaining while enjoying views of the shaded backyard. The extended driveway leads to a detached rear two car garage, adding valuable parking and storage. A welcoming home with comfortable living spaces, mature landscaping, and excellent indoor outdoor potential.

Investor Tools

Property Icon
$448,000
Estimated Property Value
$158,400Estimated Mortgage Balance
$306,701Estimated Equity
65% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,119 /month
Positive
Cash Flow Estimate:
$1,040 /month

Interested in this property?

Beth Raines

Raines Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$712/month
No HOA
5.947%

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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1213 Elmwood Dr | Property Details | No Agent List