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$752,000

NAL Estimated Property Value

1302 Cheyenne Dr, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,359 Sq Ft
price_per_sqft$309.41 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave, Double Oven
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Lighting
Lot Size9,000 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces1

Land Information

APN42179501630220000
Lot Number22
SubdivisionRichardson Heights 1st Sec
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 15 1ST SEC BLK 163 LOT 22 INT20080221435 DD06262008 CO-DC 1795016302200 3CR17950163
Census Tract019205
Assessed Land Value$300,000
Assessed Improvement Value$221,400
Assessment Year2025

About this property

COMPLETE CAST IRON SEWER PLUMBING REPLACEMENT TO PVC + UPDATED ELECTRICAL PANEL. This quintessential Richardson Reservation bungalow gives you all the comforts of home plus modern sparkles, solid system upgrades, quiet interior lot, & a DREAM backyard! Nestled on a special street of neighbors that foster a wonderful feeling of community, this property welcomes you with warmth and charm highlighted by hardwood floors, custom plantation shutters, and modern finishes. The kitchen features gas cooktop, double oven, granite counters, upgraded cabinets, breakfast nook, coffee bar and HUGE walk in pantry. The primary bedroom suite shines with dual closets with custom organization, ensuite bathroom with dual sinks and tranquil glass shower enclosure and marble look tile. Large gas-log brick fireplace anchors the main living room leading to kitchen, half bathroom, and SPACIOUS den. Secondary bedrooms adjacent to serene dual sink bathroom with tub shower combo. The CUSTOM backyard enterainment area includes tv living area, stone seating around SHIMMERING gas firepit, & dining area; all under beautiful patio roof with disc lights & ceiling fans. PLUS ample grassy backyard space and high privacy wood board on board fence! Priceless peace of mind with system upgrades to Roof 2016, Water Heater 2016, HVAC System 2023, Primary Bath 2016, Windows 2018, Patio Upgrade 2018, Custom Iron Doors 2023, plus more! Fantastic location just 0.6 miles to Mohawk Elementary and 0.3 miles to Mimosa Park for playground, tennis, sports fields, & walking path.

Investor Tools

Property Icon
$752,000
Estimated Property Value
$205,312Estimated Mortgage Balance
$547,337Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,512 /month
Positive
Cash Flow Estimate:
$1,504 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$606/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,514
$521,400
2025
$300,000
$221,400
$521,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,514
$521,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$204,100
No
First
May 2, 2013
Jun 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,312
$536,688
72%
27%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
N/A
+$2,040/mo
3.3%

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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1302 Cheyenne Dr | Property Details | No Agent List