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$412,820

1302 Elk Grove Dr, Richardson, TX, 75081

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,892 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.45 / sqft
Year BuiltBuilt in 1978

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, Disposal, Gas Range, Microwave, Plumbed For Ice Maker, Refrigerator, Gas Water Heater
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size8,625 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42274700020410000
Lot Number41
SubdivisionWoodstone
Land UseResidential
Legal DescriptionWOODSTONE BLK 2 LOT 41 INT202100063862 DD03042021 CO-DC 2747000204100 3CR27470002
Census Tract019037
Assessed Land Value$90,000
Assessed Improvement Value$322,820
Assessment Year2025

About this property

This 3 bedroom home in a quiet established neighborhood shows like a model. Mature trees. Remodeled with high end tile throughout, granite counters, subway tile backsplash, upgraded cabinets and lighting. Open concept, and NO CARPET! Large living area with vaulted ceiling and wood burning fireplace. Spacious kitchen - eat-in breakfast area with island and stainless steel appliances. Dining area features wet bar with subway tile backsplash and granite counter top, and french doors leading to the side patio and newly installed large deck. New wood fence borders the large back yard. Great home for entertaining, inside and out.

Investor Tools

Property Icon
$412,820
Estimated Property Value
$299,248Estimated Mortgage Balance
$143,212Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,477 /month
Positive
Cash Flow Estimate:
$826 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$723/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,613
$412,820
2025
$90,000
$322,820
$412,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,613
$412,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$299,248
No
First
Mar 4, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,608
$143,212
34%
65%
$1,795/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,795/mo
+$515/mo
6.7%

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 Elk Grove Dr | Property Details | No Agent List