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$960,000

NAL Estimated Property Value

1702 Cheyenne Dr, Richardson, TX, 75080

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,985 Sq Ft
price_per_sqft$321.61 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven
FlooringWood

Exterior

Lot Size12,240 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42130600140240000
Lot Number24
SubdivisionJ J Pearce Sec
Land UseResidential
Legal DescriptionJ J PEARCE SEC 1 BLK 14 LT 24 INT202200157901 DD06062022 CO-DC 1306001402400 3CR13060014
Census Tract019205
Assessed Land Value$300,000
Assessed Improvement Value$353,380
Assessment Year2025

About this property

Modern Updates, Serene Views, and a Fantastic Floorplan! This beautifully updated home offers a spacious and well-thought-out layout with modern finishes and thoughtful design throughout. Step into the foyer and be greeted by soaring ceilings and newer windows that frame picturesque views of the creek, bringing in natural light and a peaceful backdrop. The large kitchen features abundant storage, generous counter space, and an open feel—ideal for cooking and entertaining. The home's design balances openness with defined spaces, providing excellent sound control between living areas. Two spacious living rooms on the main level offer flexible spaces for relaxing or entertaining. The primary suite is conveniently located on the first floor and includes a charming bay window overlooking the creek. The en-suite bathroom is a true retreat, complete with two walk-in closets, a soaking tub, a separate shower, and dual vanities. Upstairs, you’ll find three additional bedrooms and two beautifully renovated bathrooms with stylish tilework, updated vanities, and fresh paint. With room to spread out, a scenic setting, and updates throughout, this home combines comfort and functionality in a truly special way!

Investor Tools

Property Icon
$960,000
Estimated Property Value
$526,258Estimated Mortgage Balance
$433,742Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,760 /month
Positive
Cash Flow Estimate:
$1,920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,370/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,644
$653,380
2025
$300,000
$353,380
$653,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,644
$653,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$527,781
No
First
Mar 27, 2026
Apr 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$526,258
$433,742
45%
55%
$3,165/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$3,165/mo
$-505/mo
3.3%

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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1702 Cheyenne Dr | Property Details | No Agent List