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$448,540

NAL Estimated Property Value

1908 Hanover Drive, Richardson, TX, 75081

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,270 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.72 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListHigh 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, Disposal, Double Oven, Gas Cooktop, Gas Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Lot Size10,560 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42252500030170000
Lot Number17
SubdivisionUniversity
Land UseResidential
Legal DescriptionUNIVERSITY ESTATES 7 BLK 21 LOT 17 INT202000237916 DD08312020 CO-DC 2525000301700 3CR25250003
Census Tract019023
Assessed Land Value$100,000
Assessed Improvement Value$348,540
Assessment Year2025

About this property

MULTIPLE OFFERS. HIGHEST AND BEST AUG 2nd 7PM. Look at this corner lot beauty with expansive covered porch, coach lights and patriotic landscaping! Fabulous floor plan with spacious living room featuring vaulted ceilings, brick fire place and dry bar. Plenty of entertaining options with eat in breakfast area surrounded by wall of bay windows, upgraded SSTL appliances in kitchen including double convection oven, formal dining off entry. Game room with patio access, large closet, recessed lighting and half bath. Owner suite with two closets, walk through bath with shower and patio access for evening enjoyment. Backyard with covered patio, storage shed, and private retreat landscaped with stone path.

Investor Tools

Property Icon
$448,540
Estimated Property Value
$255,451Estimated Mortgage Balance
$193,089Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,691 /month
Positive
Cash Flow Estimate:
$897 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$719/month
$25/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,388
$448,540
2025
$100,000
$348,540
$448,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,388
$448,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$287,531
No
First
Aug 31, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$255,451
$193,089
43%
57%
$1,724/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,749/mo
+$1,261/mo
8.1%

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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1908 Hanover Drive | Property Details | No Agent List