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$713,000

NAL Estimated Property Value

1905 Ridge Creek Drive, Richardson, TX, 75082

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,950 Sq Ft
price_per_sqft$126.58 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

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
AppliancesDishwasher, Electric Oven, Gas Cooktop
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42255000070080000
Lot Number8
SubdivisionUniversity
Land UseResidential
Legal DescriptionUNIVERSITY ESTATES NORTH 6 BLK 7 LOT 8 INT202000157598 DD06122020 CO-DC 2550000700800 3CR25500007
Census Tract019036
Assessed Land Value$172,500
Assessed Improvement Value$424,540
Assessment Year2025

About this property

RARE & BEAUTIFUL GOLF COURSE home in East Richardson. Expansive golf course views from most rooms of the home. Open concept, new nail down wood floors throughout home. Huge walk-in closet, updated master suite. Beautiful office space with oak built in bookshelves, extensive millwork, breakfast nook features view of amazing backyard and golf course. Unique features of this home include a butlers pantry, large room off garage that is the perfect mudroom, gameroom upstairs with sprawling views for days. Prestigious neighborhood with beautiful mature trees. Home is fully landscaped with a circular garage and a beautiful coy pond. Covered patio for entertaining. Lots of windows, light and bright. Motivated Seller!!!

Investor Tools

Property Icon
$713,000
Estimated Property Value
$339,763Estimated Mortgage Balance
$373,237Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,278 /month
Positive
Cash Flow Estimate:
$1,426 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,090/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,510
$597,040
2025
$172,500
$424,540
$597,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,510
$597,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$384,000
No
First
Jun 16, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$339,763
$373,237
52%
48%
$2,303/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,530/mo
$2,303/mo
+$1,227/mo
5.9%

City: Richardson

1905 Ridge Creek Drive | Property Details | No Agent List