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$395,000

NAL Estimated Property Value

1604 Nantucket Drive, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,451 Sq Ft
price_per_sqft$310.06 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesPrivate Yard
Lot Size8,064 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces1

Land Information

APN42117500060110000
Lot Number11
SubdivisionNorthrich West
Land UseResidential
Legal DescriptionNORTHRICH WEST 2 BLK 6 LT 11 INT201300034861 DD01302013 CO-DC 1175000601100 3CR11750006
Census Tract019211
Assessed Land Value$105,000
Assessed Improvement Value$178,000
Assessment Year2025

About this property

Amazing opportunity to own a fully renovated top to bottom remodel in highly desired RISD zoned to Pearce HS. All new kitchen featuring custom shaker cabinets with soft close drawers & doors, quartz countertops, all new stainless-steel appliances, farmhouse sink, new fixtures & LED lighting throughout. All new custom texture and Sherwin Williams paint inside & out. Glue down wide plank wood flooring in Living, dining & kitchen. New designer floor tile in Laundry, pantry, primary bath, & guest bath. New shaker doors & handles as well as exterior doors replaced. Primary bath features custom designer tile, glass panel & hardware, all new fixtures, quartz tops, new sink, toilet and LED lighting. Guest bath includes new tub, fixtures, toilet, quartz tops, double sinks, and all new lighting. ALL cast iron sewer lines removed and replaced with PVC which includes yard line to city connection. Foundation repaired with transferrable warranty available. New architectural roof & gutters & fence March 2026. New garage doors and motors. New windows all around. New water heater. Attic insulation was just replaced, Garage floor just had custom epoxy installed. Conveniently located minutes from UTD, Bush Turnpike, 75, 635 & many restaurants & retail shops.

Investor Tools

Property Icon
$395,000
Estimated Property Value
$210,773Estimated Mortgage Balance
$184,227Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,699 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$418/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,046
$283,000
2025
$105,000
$178,000
$283,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,046
$283,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Fund I Llc
Commercial
$212,000
No
First
Jan 9, 2026
Jan 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,773
$184,227
46%
53%
$1,272/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,272/mo
+$768/mo
6.2%

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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1604 Nantucket Drive | Property Details | No Agent List