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$440,000

1239 Evergreen Dr, Richardson, TX, 75080

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,632 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$269.61 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Hardwood, Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size8,250 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42167500940020000
Lot Number2
SubdivisionRichardson Heights 1st Sec
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 9 1ST SEC BLK 94 LOT 2 INT201800048007 DD02222018 CO-DC 1675009400200 3CR16750094
Census Tract019215
Assessed Land Value$100,000
Assessed Improvement Value$325,330
Assessment Year2025

About this property

Welcome to 1239 Evergreen Drive, a beautifully maintained three bed, two bath Richardson gem where modern updates meet an incredible location. Step inside to find an open layout designed for easy living. While the aesthetic updates are stunning, it’s the behind-the-scenes improvements that truly set this property apart. You can breathe easy knowing the heavy lifting has already been done: all original cast iron plumbing has been replaced with modern PVC, and a brand-new water heater has just been installed. These are the kinds of high-value upgrades that offer years of worry-free homeownership. The lifestyle here is just as impressive as the house itself. Situated in a vibrant part of Richardson, you’re just moments away from a diverse array of local dining favorites and great restaurants. Plus, the property is situated just a short stroll from the highly rated elementary school, making the morning routine a breeze. 1239 Evergreen Drive isn’t just a move-in-ready house, it’s a place to truly call home. Come see for yourself how the thoughtful renovations and prime location create a lifestyle you won’t want to miss!

Investor Tools

Property Icon
$446,000
Estimated Property Value
$260,000Estimated Mortgage Balance
$213,603Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,676 /month
Positive
Cash Flow Estimate:
$892 /month

Interested in this property?

Carrie Himel

Compass RE Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$522/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,036
$425,330
2025
$100,000
$325,330
$425,330
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,036
$425,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Horizon Bank
Conventional
$260,000
No
First
Jan 8, 2021
Feb 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,397
$213,603
47%
52%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,559/mo
+$481/mo
5.5%

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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1239 Evergreen Dr | Property Details | No Agent List