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$1,456,000

NAL Estimated Property Value

1232 Cheyenne Dr, Richardson, TX, 75080

$1,638,207 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,925 Sq Ft
price_per_sqft$471.34 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Gas Water Heater, Microwave, Tankless Water Heater
FlooringCeramic Tile, Wood

Exterior

Lot Size10,625 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42190501560130000
Lot Number13
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS ESTATES NORTH1 BLK 156 LT 13 INT202400255351 DD12162024 CO-DC 1905015601300 3CR19050156
Census Tract019205
Assessed Land Value$300,000
Assessed Improvement Value$187,150
Assessment Year2025

About this property

A great opportunity for a ground up new build in the Reservation. Gorgeous spacious cottage and tudor styled home set to be built in the Reservation. 4 bedrooms, 4 full baths. Open concept living and kitchen areas. Natural stone countertops throughout the home. Tons of kitchen storage with SKS Appliances 48” of refrigeration, 48” range top. Large Master suite, with stand alone tub and shower and massive walk in closet. 200 sqft covered rear patio, with views of the large grass backyard. Construction has started. Completion date November of 2025.

Investor Tools

Property Icon
$1,456,000
Estimated Property Value
$1,415,642Estimated Mortgage Balance
$40,358Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,638,206
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,100 /month
Positive
Cash Flow Estimate:
$3,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,103/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,960
$487,150
2025
$300,000
$187,150
$487,150
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,960
$487,150

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centennial Bank
Building Or Construction Loan
$1,443,221
No
First
Apr 2, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,415,642
$40,358
2%
97%
$8,653/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$8,653/mo
$-6,613/mo
1.7%

City: Richardson

1232 Cheyenne Dr | Property Details | No Agent List