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$599,999

$634,900

1715 Timberway Drive, Richardson, TX, 75082

On MarketInfo
Price DropInfo
Beds5 Beds
Baths4 Bath
Baths2,888 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.76 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Refrigerator
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Rain Gutters, Garden
Lot Size10,050 sqft

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42271600050400000
Lot Number40
SubdivisionWoodcreek Rep
Land UseResidential
Legal DescriptionWOODCREEK REP BLK E LOT 40 INT202000127868 DD05142020 CO-DC 2716000504000 3CR27160005
Census Tract019036
Assessed Land Value$99,000
Assessed Improvement Value$427,050
Assessment Year2025

About this property

Welcome to this beautifully fully updated 5-bedroom, 4-bathroom home in Richardson, offering generous space, flexible living areas, and a layout designed for both everyday comfort and entertaining. With an open-concept design and abundant natural light throughout, the home feels bright, welcoming, and move-in ready. The main level features a versatile flex room that can easily serve as a home office, playroom, or additional living space, along with a convenient downstairs bedroom and full bath—perfect for guests. At the heart of the home, a stunning double-sided fireplace connects the living and family rooms, creating two inviting spaces while maintaining an open flow throughout the home. Upstairs, you’ll find the spacious primary suite along with the remaining bedrooms, including a separate upstairs area with its own full bath that can function as a private guest suite, media room, or bonus living space. The primary bedroom also features a private balcony, offering a peaceful place to enjoy your morning coffee or unwind in the evening. Two separate staircases add both character and convenience to the thoughtful layout. Step outside to your backyard retreat featuring a sparkling pool and covered patio, perfect for relaxing, hosting gatherings, or enjoying warm Texas evenings. Recent major improvements provide added peace of mind, including a new roof, HVAC system, and water heater installed in 2024. Combining modern updates, flexible living spaces, and a fantastic Richardson location near shopping, dining, and entertainment, this home offers the perfect blend of style, comfort, and functionality.

Investor Tools

Property Icon
$629,000
Estimated Property Value
$0Estimated Mortgage Balance
$179,768Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,774 /month
Positive
Cash Flow Estimate:
$1,258 /month

Interested in this property?

Tyler Kreis

TK Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$687/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,100
$526,050
2025
$99,000
$427,050
$526,050
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,100
$526,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kiavi Funding Inc
Commercial
$455,900
No
First
Aug 13, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$449,232
$179,768
28%
71%
$2,734/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,530/mo
$2,734/mo
+$796/mo
6.7%

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.

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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1715 Timberway Drive | Property Details | No Agent List