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$196,000

NAL Estimated Property Value

1322 Richland Street, Irving, TX, 75061

$201,833 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,080 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$106.48 / sqft
Year BuiltBuilt in 1937

Property Lead Type:

Off-Market ListARV FlipHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range
FlooringCarpet, Wood

Exterior

Lot Size5,907 sqft

Building Information

Year Built1937
Stories1
Roof Type105
Garage Spaces1

Land Information

APN65087929040010600
SubdivisionJesse Moon Abst 879
Land UseResidential
Legal DescriptionJESSE MOON ABST 879 PG 290 PT TR 1 ACS 0.1356 S-1-B INT201900178945 DD07092019 CO-DC 0879290400106 2CI08792904
Census Tract020100
Assessed Land Value$29,540
Assessed Improvement Value$155,350
Assessment Year2025

About this property

An easy to maintain and well kept home in a quiet, low traffic neighborhood. Homes does need a little TLC and will be sold as is. Also has a large work area which could be turned into a garage or work space. Bring all your ideas to this one of a kind home with lots of potential. Home is being sold as is, please due your due diligence. Property is Zoned ML20 Light Industrial and is a great opportunity for someone who owns or wants to start a business in their back yard.

Investor Tools

Property Icon
$196,000
Estimated Property Value
$82,117Estimated Mortgage Balance
$113,883Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$201,833
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,176 /month
Positive
Cash Flow Estimate:
$392 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$380/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,580
$184,890
2025
$29,540
$155,350
$184,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,580
$184,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$95,000
No
First
Jul 9, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,117
$113,883
58%
42%
$570/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$570/mo
+$995/mo
9.6%

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: Irving

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1322 Richland Street | Property Details | No Agent List