Last 24 Hours
$342,000
NAL Estimated Property Value3016 Warm Springs Ln, Richardson, TX, 75082
Off Market
3 Beds
2 Bath
1,604 Sq Ft
Single Family Residence
$1.53 / sqft
Built in 1990Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Bedrooms 3
Bathrooms Full 2.5
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer
Building Information
Year Built1990
Stories1
Roof Type105
Garage Spaces2
Land Information
APNR-1604-002-0180-1
Lot Number18
SubdivisionClear Springs Place (Crc)
Land UseResidential
Legal DescriptionCLEAR SPRINGS PLACE (CRC), BLK B, LOT 18
Census Tract032018
Assessed Land Value$105,000
Assessed Improvement Value$209,934
Assessment Year2025
About this property
This property located conveniently next to the George Bush Tollway and highway 75. Only minutes away from Cisco Systems, Raytheon, Qorvo, Texas Instruments, and Samsung. Three bedrooms, two bathrooms and plenty of natural light during the day highlights the open double living room that can be used as a formal dining room. Built ins throughout for extra storage and one bedroom can easily double as an office or library space. HOA is included and covers the front lawn maintenance. Access to the community clubhouse that includes a pool.
Investor Tools
$342,000
Estimated Property Value
$317,955Estimated Mortgage Balance
$24,045Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,052 /month
Positive
Cash Flow Estimate:
$684 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$655/month
$85/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,150
$314,934
2025
$105,000
$209,934
$314,934
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,150
$314,934
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cattlemens Bank
Open End Mortgage / Open End With Future Advance Clause
$340,000
No
First
Nov 4, 2022
Nov 2032
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$317,955
$24,045
7%
93%
$2,039/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,530/mo
$2,124/mo
+$1,406/mo
12.4%
12.4%