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$453,000

NAL Estimated Property Value

1822 Blake Drive, Richardson, TX, 75081

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,137 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.5 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

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
AppliancesElectric Oven, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Rain Gutters
Lot Size9,250 sqft

Building Information

Year Built1975
Stories2
Roof Type105
Garage Spaces2

Land Information

APN42005500110050000
Lot Number5
SubdivisionArapaho East Sec
Land UseResidential
Legal DescriptionARAPAHO EAST SEC 2 BLK 11 LT 5 INT202100182678 DD06152021 CO-DC 0055001100500 3CR00550011
Census Tract019037
Assessed Land Value$100,000
Assessed Improvement Value$334,000
Assessment Year2025

About this property

Beautifully renovated 4 bedroom home with pool in coveted Richardson ISD. Gorgeous new front door, exterior updated with high quality siding & stone, landscaped front and backyard, double pane windows. Two large living areas and a wet bar make entertaining easy. Owners Suite has large sitting area with Fireplace and balcony. Freshly installed carpet in all the bedrooms. Vaulted ceilings, kitchen open to Family room, French doors lead to large backyard with a good sized pool and slide. 5 Ton Trane AC 8 yrs old, foundation repair-transferrable warranty.

Investor Tools

Property Icon
$453,000
Estimated Property Value
$337,480Estimated Mortgage Balance
$115,520Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,718 /month
Positive
Cash Flow Estimate:
$906 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$883/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,333
$434,000
2025
$100,000
$334,000
$434,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,333
$434,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$372,400
No
First
Jun 15, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$337,480
$115,520
25%
74%
$2,233/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,233/mo
+$777/mo
8.0%

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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1822 Blake Drive | Property Details | No Agent List