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$1,998,000

1323 Apache Dr, Richardson, TX, 75080

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths4,159 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$480.4 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Double Oven, Tankless Water Heater, Vented Exhaust Fan, Warming Drawer

Exterior

Lot Size9,000 sqft

Building Information

Year Built1964
Stories1
Roof Type105
Garage Spaces4

Land Information

APN42181501690280000
Lot Number28
SubdivisionRichardson Heights 2nd Sec
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 2ND SEC BLK 169 LT 28 VOL2005112/13731 DD06012005 CO-DC 1815016902800 3CR18150169
Census Tract019205
Assessed Land Value$300,000
Assessed Improvement Value$257,680
Assessment Year2025

About this property

New construction by Fairview Custom Homes in Richardson’s highly coveted Reservation neighborhood, this exceptional residence blends timeless architecture with thoughtful design and elevated craftsmanship. A striking brick and stone exterior sets the tone for an impressive two-story floor plan designed for both everyday living and entertaining. The heart of the home features an expansive great room that flows seamlessly into the dining area and chef’s kitchen, complete with an oversized island, generous pantry, and direct access to the covered outdoor living space. The first-floor primary suite offers a private retreat with a spa-inspired bath and oversized walk-in closet, while a secondary en-suite bedroom provides the perfect space for guests. A dedicated study, powder bath, mudroom, utility room, and two-car garage complete the main level. Upstairs, three additional bedrooms—each with access to a private bath—surround a spacious game room, creating plenty of room to spread out. With five bedrooms, five full baths plus a powder bath, a dedicated study, game room, covered patio, and two-car garage, every detail has been carefully considered. Located in the heart of the Reservation, this Fairview Custom Home offers the rare opportunity to enjoy the character and community of one of Richardson’s most sought-after neighborhoods paired with the beauty, efficiency, and craftsmanship of brand-new construction.

Investor Tools

$441,448Estimated Mortgage Balance
$116,232Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,988 /month
Positive
Cash Flow Estimate:
$3,996 /month

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Jennifer McDaniel

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$733/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,002
$557,680
2025
$300,000
$257,680
$557,680
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,002
$557,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Republic Bank Na
Commercial
$448,000
No
First
Oct 29, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$441,448
$116,232
20%
79%
$2,686/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$2,686/mo
$-646/mo
4.4%

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.

Explore Texas Explore This Area
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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