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$361,390

NAL Estimated Property Value

1240 Dalhart Dr, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,358 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$265.1 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesLighting
Lot Size8,250 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42160500640390000
Lot Number39
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 7 BLK 64 LOT 39 INT202300136876 DD07102023 CO-DC 1605006403900 3CR16050064
Census Tract019215
Assessed Land Value$120,000
Assessed Improvement Value$241,390
Assessment Year2025

About this property

STUNNING gem nestled away in the sought-after Richardson Heights community in Richardson, TX! This 3-2-2 SOUTH facing property is beautifully landscaped with matured trees, thriving shrubs, and a covered front porch to enjoy the peaceful morning sunrise! Spacious floor plan with wood flooring throughout and tile in wet areas. Ample windows for any natural light desired. Kitchen features upper and lower light wood-grain cabinets, white appliances, and gas range for any home cook! TWO living areas that can easily be used for a family room, playroom, or bonus room! Primary bathroom is ADA compliant. Oversized backyard with decking off patio door and beautiful grass to host any family gathering. Spacious 2 car garage for additional storage! Conveniently located from any shopping, dining, or any entertainment desired. Downtown Dallas is less than 12 miles! Meticulously maintained and cared for - come see this magnificent home!!!

Investor Tools

Property Icon
$361,390
Estimated Property Value
$307,224Estimated Mortgage Balance
$54,166Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,168 /month
Positive
Cash Flow Estimate:
$723 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$807/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,880
$361,390
2025
$120,000
$241,390
$361,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,880
$361,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Conventional
$324,000
No
First
Jul 10, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$307,224
$54,166
14%
85%
$1,943/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,943/mo
+$97/mo
6.8%

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.

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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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1240 Dalhart Dr | Property Details | No Agent List