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$533,470

NAL Estimated Property Value

1226 Cherrywood Dr, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,765 Sq Ft
price_per_sqft$260.03 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Exterior FeaturesRain Gutters
Lot Size9,200 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42166500690260000
Lot Number26
SubdivisionRichardson Heights 2nd Sec
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 8 2ND SEC BLK 69 LOT 26 INT202200161292 DD06082022 CO-DC 1665006902600 3CR16650069
Census Tract019215
Assessed Land Value$100,000
Assessed Improvement Value$433,470
Assessment Year2025

About this property

Stunning tree canopy and lush landscping invite you into this fantastic home in a welcoming neighborhood! 3 bedroom, 2 bath home feeds into all three walkable RISD schools from elementary to high school! This home is highlighted by TWO living areas, handsome Austin stone fireplace, timeless hardwood floors throughout, chic black cabinet kitchen with gas range, granite counters, subway tile backsplash and stainless steel fridge included. The spacious primary bedroom features separate vanity area and large walk in closet. Secondary jack and jill bedrooms share the updated bath featuring stand up shower, modern tile, and granite counters. Backyard oasis includes screen porch for additional living & entertaining! Large grassy area with enough space for a garden or firepit area. Ample driveway & parking space with custom manual driveway gate. Great location walkable to Cottonwood Park with pond, playgrounds, walking path, green space, tennis courts, and community pool!

Investor Tools

Property Icon
$533,470
Estimated Property Value
$429,674Estimated Mortgage Balance
$103,796Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,201 /month
Positive
Cash Flow Estimate:
$1,067 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,164/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,295
$533,470
2025
$100,000
$433,470
$533,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,295
$533,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$463,600
No
First
Jun 8, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$429,674
$103,796
19%
81%
$2,780/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$2,780/mo
$-740/mo
4.6%

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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1226 Cherrywood Dr | Property Details | No Agent List