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$634,000

NAL Estimated Property Value

1225 Ottawa Drive, Richardson, TX, 75080

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths2 Bath
Baths2,207 Sq Ft
price_per_sqft$1.67 / sqft
Year BuiltBuilt in 1964

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Microwave, Refrigerator
FlooringTile, Wood

Exterior

Lot Size7,125 sqft

Building Information

Year Built1964
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42193501780160000
Lot Number16
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS ESTATES NORTH4 BLK 178 LT 16 INT201000218523 DDD08242010 CO-DC 1935017801600 3CR19350178
Census Tract019205
Assessed Land Value$300,000
Assessed Improvement Value$254,000
Assessment Year2025

About this property

Spacious Richardson Reservation bungalow featuring 4 bedrooms, 2 full bathrooms, 3 living areas (formal, den with cozy brick fireplace, and calming sunroom), plus two dining areas! A super versatile floorplan in a wonderful location on a serene interior street with private grassy backyard. This property is nestled in a jewel neighoborhood highlighted by Mohawk Elementary, Pearce High School, & Mimosa Park with playground, sports fields, tennis courts, pavillions, and walking path. Ready for new tenants! Refrigerator included! Pets Case By Case

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,271/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,080
$554,000
2025
$300,000
$254,000
$554,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,080
$554,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$634,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
N/A
+$2,660/mo
5.0%

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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1225 Ottawa Drive | Property Details | No Agent List