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$425,000

1305 Edgewood Dr, Richardson, TX, 75081

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$236.11 / sqft
Year BuiltBuilt in 1969

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, Electric Cooktop, Electric Oven, Electric Water Heater, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size9,000 sqft

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42243500060130000
Lot Number13
SubdivisionTown North Park
Land UseResidential
Legal DescriptionTOWN NORTH PARK 2 BLK 6 LT 13 INT202500006516 DD01082025 CO-DC 2435000601300 3CR24350006
Census Tract019039
Assessed Land Value$80,000
Assessed Improvement Value$338,850
Assessment Year2025

About this property

This home will impress you with timeless updates and modern charm starting with the elegant front entry door. Step into the living room and be awed by the upgraded engineered wood flooring, vaulted ceiling with wood beams and all the natural light streaming through the home. The open layout creates an atmosphere for relaxation. A dedicated study provides the ideal space for remote work, while the formal dining room is perfect for hosting. Every room showcases classic light fixtures and wood window treatments adorn low-e vinyl windows. The updated laundry and mud room offers ample storage adorned with wood shelves. Walkout to a spacious backyard large enough for a pool, a newly installed pergola and fence with a shed for extra storage. Replaced electrical panel with GFCI, HVAC 2012. Class 3 Roof, gutters, wood fence, water heater and sprinkler control panel all replaced 2024. With easy access to 75, 635, and George Bush Hwy. Surrounded by so many amenities from restaurant's, retail, gyms, fast food, parks, and more. Don't miss this opportunity to own a home in a highly sought after neighborhood with a classic design.

Investor Tools

Property Icon
$418,850
Estimated Property Value
$332,000Estimated Mortgage Balance
$94,697Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$641/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,594
$418,850
2025
$80,000
$338,850
$418,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,594
$418,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Airlines Fcu
Conventional
$332,000
No
First
Jan 8, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,153
$94,697
22%
77%
$1,991/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,991/mo
+$319/mo
6.6%

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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1305 Edgewood Dr | Property Details | No Agent List