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$383,000

NAL Estimated Property Value

1615 Wendy Way, Richardson, TX, 75081

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,729 Sq Ft
price_per_sqft$170.62 / sqft
Year BuiltBuilt in 1971

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Double Oven, Electric Oven, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Concrete, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run, Rain Gutters, Storage
Lot Size9,216 sqft

Building Information

Year Built1971
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42004500020210000
Lot Number21
SubdivisionArapaho East
Land UseResidential
Legal DescriptionARAPAHO EAST BLK 2 LOT 21 INT202100131138 DD05032021 CO-DC 0045000202100 3CR00450002
Census Tract019037
Assessed Land Value$95,000
Assessed Improvement Value$262,610
Assessment Year2025

About this property

Minutes from CityLine & Yale Park, Bike Trail. Yale elem. Open LT & BT 4 bed, pool, pergola. Oversized 2 car plus carport & storage shed.add'l parking pad. Per Owner-Roof 6yrs, Ext Paint 3 yrs, HVAC 3yrs, windows replaced, double front door trimmed in Cedar front porch and rafter tails wrapped. Outdoor Living area, pergola with BI BBQ. Inside feels like you are at a waterside retreat.Vaulted ceilings, Kitchen has double-ovens, solid surface counters, full size sep. utility and pantry. Two eating areas.Bkfst has incredible panoramic views of the pool and pergola-outdoor area. There is also a dog run area as well. Location is awesome easy access to Hwys. nestled in quiet area. Buyer and Broker to verify all info.

Investor Tools

Property Icon
$383,000
Estimated Property Value
$285,077Estimated Mortgage Balance
$97,923Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,298 /month
Positive
Cash Flow Estimate:
$766 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$613/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,444
$357,610
2025
$95,000
$262,610
$357,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,444
$357,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$315,185
Yes
First
May 3, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,077
$97,923
25%
74%
$1,890/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,890/mo
+$1,120/mo
9.4%

City: Richardson

1615 Wendy Way | Property Details | No Agent List