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$439,900

NAL Estimated Property Value

1328 Northlake Dr, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,381 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$333.09 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Dryer, Gas Range, Microwave, Refrigerator, Washer, Other
FlooringCeramic Tile, Laminate

Exterior

Exterior FeaturesAwning(s), Barbecue, Outdoor Grill
Lot Size8,000 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42168501070350000
Lot Number35
SubdivisionRichardson Heights 2nd Sec
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 9 2ND SEC BLK 107 LOT 35 INT202400110494 DD05302024 CO-DC 1685010703500 3CR16850107
Census Tract019215
Assessed Land Value$100,000
Assessed Improvement Value$339,900
Assessment Year2025

About this property

Gorgeously Remodeled Short-Term & Mid-Term Rental Home with Seller Fin.! Nestled in the sought-after community of Richardson Heights, this 3BR 2BA remodeled residence (2023) ensures comfortable accommodations with the added enticement of sumptuous style. Perfectly suitable for both short and mid-term stays, the property dazzles with an attached 2-car garage, entertainer’s floorplan, premium finishes, an open concept gourmet kitchen, a dining area, sizeable bedrooms, luxurious full bathrooms, and a spacious living room with a feature wall boasting an electric fireplace. Invest only 10% in your downpayment to receive seller finan. with no prepayment penalty (9.999% int). Take it up a notch with the turnkey option (additional cost), which includes all furnishings, appliances, TVs, linens, security cameras, keyless lock, and kitchen utensils, as well as the Airbnb business and ongoing property management. Contact us now to find out more about this rarely-available investment property!

Investor Tools

Property Icon
$439,900
Estimated Property Value
$331,879Estimated Mortgage Balance
$108,021Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$797/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,359
$439,900
2025
$100,000
$339,900
$439,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,359
$439,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bay Equity Llc
Conventional
$344,250
No
First
May 30, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$331,879
$108,021
24%
75%
$2,064/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$2,064/mo
$-24/mo
5.6%

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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1328 Northlake Dr | Property Details | No Agent List