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$300,000

1405 Wisteria Way, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,339 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.05 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Gas Cooktop, Gas Oven, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan
FlooringCeramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size13,504 sqft

Building Information

Year Built1962
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42176501400160000
Lot Number16
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 14 BLK 140 LOT 16 INT202100143904 DD05142021 CO-DC 1765014001600 3CR17650140
Census Tract019216
Assessed Land Value$232,500
Assessed Improvement Value$243,150
Assessment Year2025

About this property

In sought after Richardson Heights- enjoy the pool and privacy on 0.31 acres! Interior is fully updated, split bedrooms, custom kitchen cabinetry, luxury vinyl plank flooring, and a finished garage. Kitchen opens to living room with vaulted ceilings and large windows to bring the outside in. Perfect for entertaining! Updates go beyond cosmetic to include electrical, resurfaced pool, deck, new roof, home is hardwired for high speed internet. Ask for the full updates list today! Less than one mile to shopping, restaurants, grocery, two minute walk to elementary school, less than 10 minutes to George Bush Freeway & N Central Expwy. This home not only offers an oasis, it offers a lifestyle! Fridge stays!

Investor Tools

Property Icon
$475,650
Estimated Property Value
$304,000Estimated Mortgage Balance
$200,689Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,854 /month
Positive
Cash Flow Estimate:
$951 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$700/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,022
$475,650
2025
$232,500
$243,150
$475,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,022
$475,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$304,000
No
First
May 14, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,961
$200,689
42%
58%
$1,823/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,823/mo
+$217/mo
5.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1405 Wisteria Way | Property Details | No Agent List