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$510,000

NAL Estimated Property Value

1219 Elmwood Dr, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,819 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$285.83 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesAwning(s), Rain Gutters, Lighting
Lot Size9,520 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42166500690050000
Lot Number5
SubdivisionRichardson Heights 2nd Sec
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 8 2ND SEC BLK 69 LOT 5 INT202000207056 DD07312020 CO-DC 1665006900500 3CR16650069
Census Tract019215
Assessed Land Value$100,000
Assessed Improvement Value$361,740
Assessment Year2025

About this property

This exceptional home beautifully blends modern amenities with charming details! As you approach, you'll be captivated by the mature trees and serene neighborhood atmosphere. The property boasts impressive curb appeal, featuring a two-car garage, a long driveway, and freshly updated flower beds. Upon entering, you'll find a clean, freshly updated interior. Each room showcases delightful Richardson cottage charm that has been thoughtfully preserved. The versatile flex space is perfect for a 2nd living area, office, gym, children's play area, library, or any other creative use you envision! The kitchen has been completely transformed, now featuring a gas stove, new cabinets, quartz countertops, chrome appliances, and wood flooring. Don't miss the pantry. It seamlessly opens to spacious dining and living areas, with additional storage available in the breakfast bar or island. Down the hallway, you'll discover three well-lit bedrooms, each with carpet, ample closet space, and ceiling fans. The home includes two fully updated bathrooms, one with a shower and the other with a bathtub. Additional updates enhance the home’s efficiency and comfort, including high-efficiency windows, a newish water heater located in the garage, a newish HVAC system, and privacy wood fencing. The oversized backyard offers plenty of space for a play area, outdoor living or kitchen, and even a pool! The laundry room is a bright and spacious area that will make laundry day enjoyable, with convenient access to the garage, kitchen, flex space, and backyard. Located in a prime area, this home is just minutes away from schools, parks, shopping, restaurants, grocery stores, and HWY 75. Schedule a tour today to experience all it has to offer. Welcome home!

Investor Tools

Property Icon
$510,000
Estimated Property Value
$495,871Estimated Mortgage Balance
$14,129Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$870/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,893
$461,740
2025
$100,000
$361,740
$461,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,893
$461,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sunflower Bank Na
Conventional
$501,722
No
First
Sep 5, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$495,871
$14,129
2%
97%
$3,009/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$3,009/mo
$-969/mo
4.8%

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.

Explore Texas Explore This Area
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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