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$899,000

205 Thompson Dr, Richardson, TX, 75080

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,935 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$464.6 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Electric Oven, Tankless Water Heater
FlooringHardwood

About this property

Wonderful .32 acre CREEK LOT in Richardson Heights. This 3 bedroom, 3 full bathroom home features large rooms, a wall of windows across the back and tons of natural light. The kitchen is open to the main living room in the back of the house looking out to a private backyard with big trees, vegetation and the creek below. It offers 2 primary bedrooms and a third bedroom in the front of the house. Original hardwood floors throughout, 2 laundry rooms, plantation shutters and more. There is currently a large open deck for sitting and relaxing in the backyard, which is the focal point of the house. The square footage of the house is larger than what is listed, as the garage was converted to a 2nd primary bedroom and bathroom. This adds approximately 400 sqft to house. Feeds to sought after Richardson Heights Elementary, Richardson West JH and Richardson HS. The lot is nestled deep in a quiet neighborhood and the home could be expanded to allow for a large family. Don't miss this one.

Investor Tools

Property Icon
$653,000
Estimated Property Value
$202,585Estimated Mortgage Balance
$530,963Estimated Equity
69% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,394 /month
Positive
Cash Flow Estimate:
$1,798 /month

Interested in this property?

Max Dunham

Ebby Halliday, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$953/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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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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205 Thompson Dr | Property Details | No Agent List