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$945,000

2240 W Dutch Dr, Richardson, TX, 75080

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,401 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$242.55 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Tankless Water Heater, Wine Cooler
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Outdoor Kitchen, Private Yard
Lot Size9,308 sqft

Building Information

Year Built2014
Stories2
Roof Type105
Garage Spaces2

Land Information

APN422138200A0110000
Lot Number11
SubdivisionSavoy Landing
Land UseResidential
Legal DescriptionSAVOY LANDING BLK A LT 11 INT201900104994 DD04242019 CO-DC 2138200A01100 3CR2138200A
Census Tract019205
Assessed Land Value$300,000
Assessed Improvement Value$645,000
Assessment Year2025

About this property

Back on market through no fault of the property. Previous buyer was unable to complete the purchase because their home did not sell. Situated on a 0.214-acre lot within a gated Richardson community, this David Weekley-built home, completed in 2014, offers a rare combination of space, thoughtful design, and standout outdoor living. The lot is approximately twice the size of most others in the neighborhood, creating a level of outdoor space and privacy that is uncommon in this community. Spanning over 3,400 square feet, the layout is ideal for everyday living and entertaining, with generous living areas and a well-appointed kitchen featuring granite countertops, double ovens, high-end appliances and a large island with seating. Flexible spaces throughout the home accommodate work, guests, or multi-generational living, including an upstairs office nook with full-panel glass sliding doors for privacy while maintaining natural light. The private primary suite offers a spacious bedroom, spa-like bath, and an expansive California Closets-designed walk-in closet with direct access to the laundry room. The backyard is a true highlight, featuring a resort-style pool and spa with tanning ledge and in-water seating, along with an expansive covered cabana complete with an outdoor kitchen, serving bar, and media setup. Multiple patio areas, a fire pit, and flat grassy space create a level of outdoor flexibility rarely found in this community. Additional features include a three-car tandem garage with overhead storage, energy-efficient construction with whole-home surge protection, and numerous upgrades throughout. Walkable to Lennox Center shopping and dining. Zoned to JJ Pearce High School and Canyon Creek Elementary, with convenient access to UTD, US-75, the Dallas North Tollway, and President George Bush Turnpike. A rare opportunity to own a home that stands out within this gated community, offering space, privacy, and outdoor living that’s hard to find in this neighborhood.

Investor Tools

Property Icon
$945,000
Estimated Property Value
$496,000Estimated Mortgage Balance
$495,510Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,670 /month
Positive
Cash Flow Estimate:
$1,890 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,076/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,188
$945,000
2025
$300,000
$645,000
$945,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,188
$945,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Credit Line (Revolving) / Heloc
$496,000
No
First
Aug 11, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$450,357
$494,643
52%
48%
$2,974/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$3,874/mo
$-1,214/mo
3.4%

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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2240 W Dutch Dr | Property Details | No Agent List