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$625,850

1425 Lamp Post Lane, Richardson, TX, 75080

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,862 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.34 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Other

Exterior

Lot Size10,000 sqft

Building Information

Year Built1965
Stories2
Roof Type105
Garage Spaces2

Land Information

APN42123500010060100
Lot Number6A
SubdivisionNorthwood
Land UseResidential
Legal DescriptionNORTHWOOD ESTATES BLK 1 LOT 6A INT201900110297 DD04302019 CO-DC 1235000100601 3CR12350001
Census Tract019214
Assessed Land Value$85,000
Assessed Improvement Value$540,850
Assessment Year2025

About this property

$5000 BUYER BONUS for acceptable offer exec prior to 4-1-19! TOTALLY REMODELED beauty, heart of RISD! Versatile living W HUGE dining, eng hdwds dwn, open to huge kitchen w cozy nook & sitting area, granite, SS appliances, updated plumbing fixtures & white painted cabinets. Bfast has its own bay window w coffee bar-butler pantry. Main LA is heart of the home, adjacent to GREAT sun playroom w windows overlooking recently installed stone patio & spacious backyard. Oversized laundry w mud. All beds up, updated baths w granite, white cabinets w wood-look tile floors, incl oversized master shower. Lrg. 2nd bedrms WI closets, built-in desk. Checkout updated Cottonwood Park Inclusive Playground, approx. half mile.

Investor Tools

Property Icon
$625,850
Estimated Property Value
$0Estimated Mortgage Balance
$320,732Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,755 /month
Positive
Cash Flow Estimate:
$1,252 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,110/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,186
$625,850
2025
$85,000
$540,850
$625,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,186
$625,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$338,000
No
First
Apr 15, 2021
May 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$305,118
$320,732
51%
49%
$2,027/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$2,027/mo
+$633/mo
5.1%

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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1425 Lamp Post Lane | Property Details | No Agent List