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$415,000

NAL Estimated Property Value

1333 Northlake Dr, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,848 Sq Ft
price_per_sqft$226.73 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Convection Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood, Tile

Exterior

Lot Size10,000 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces4

Land Information

APN42168501040090000
Lot Number9
SubdivisionRichardson Heights 2nd Sec
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 9 2ND SEC BLK 104 LOT 9 VOL92145/0775 EX071592 CO-DALLAS 1685010400900 34216850104
Census Tract019215
Assessed Land Value$100,000
Assessed Improvement Value$276,860
Assessment Year2025

About this property

Discover this charming, fully updated single-story home at 1333 Northlake Drive in desirable Richardson Heights. This move-in-ready 3-bedroom, 2-bath residence offers approximately 1,848 square feet of comfortable living space on a generous lot shaded by mature trees. The heart of the home is the beautifully remodeled kitchen featuring crisp white shaker cabinets, sleek quartz countertops, stainless steel appliances, including a gas range, and a spacious island with seating. It is perfect for casual meals or entertaining. The open concept design seamlessly connects the kitchen to the dining area and expansive living spaces, creating an inviting flow for everyday life and gatherings. A large family room provides the ideal spot for movie nights or relaxation, while the private primary bedroom offers generous dimensions and convenient access to an updated bath. Two additional bedrooms are served by a second full bath, all finished with modern touches and ceiling fans for comfort. Step outside to a private backyard oasis with lush landscaping and plenty of room for play or gardening. A covered carport adds convenience, and solar panels on the roof help reduce energy costs. Zoned to top-rated Richardson ISD schools, Arapaho Classical Magnet K-6, Richardson West Junior High 7-8, and Richardson High 9-12. Enjoy the benefits of a voluntary neighborhood association offering community events for just $ 25 per year, with no mandatory HOA fees. This turnkey gem combines modern updates, functional layout, and prime location. Do not miss your chance to schedule a private showing today.

Investor Tools

Property Icon
$415,000
Estimated Property Value
$316,741Estimated Mortgage Balance
$98,259Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,514 /month
Positive
Cash Flow Estimate:
$838 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$511/month
$25/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,056
$376,860
2025
$100,000
$276,860
$376,860
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,056
$376,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Westport Capital Partners Llc
Purchase Money Mortgage
$320,000
No
First
Dec 9, 2025
Jul 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$316,741
$98,259
23%
76%
$1,919/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,944/mo
+$96/mo
5.9%

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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1333 Northlake Dr | Property Details | No Agent List