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$295,000

303 N Cottonwood Drive, Richardson, TX, 75080

$336,371 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,431 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$206.15 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size8,976 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces1

Land Information

APN42171501380130000
Lot Number13
SubdivisionRichardson Heights 2nd Sec
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 10 2ND SEC BLK 138 LT 13 INT20070415603 DD11122007 CO-DC 1715013801300 3CR17150138
Census Tract019215
Assessed Land Value$100,000
Assessed Improvement Value$256,560
Assessment Year2025

About this property

INVESTORS THIS ONE IS TURN KEY & WILL MAKE AN EXCELLENT RENTAL TO ADD TO YOUR PORTFOLIO! SELLERS ARE LEAVING EQUITY BEHIND FOR A QUICK SALE! PERFECT FOR THE FIRST TIME HOME BUYER! LOCATION IS KEY IN REAL ESTATE & here you're conveniently located & have quick access to the mall & tons of restaurants, also quick access to 635! Welcome your guest to a GREAT sized family room that's inviting and open to the kitchen! Freshly retouched with new paint beautiful updated laminate flooring, a bright & very open floor plan that you will absolutely LOVE!. The kitchen is where great memories will soon be made, you will enjoy preparing your family meals here! The kitchen offers plenty of cabinets, enough countertop space, breakfast room is open to the living room, kitchen also opens to the great sized dinning area making it an easy flow to entertain! Great size backyard! DOWN PAYMENT PROGRAMS AVAILABLE! COME SEE THIS HOME IN PERSON TO REALLY APPRECIATE IT! PRICED TO SELL!

Investor Tools

$59,232Estimated Mortgage Balance
$297,328Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$336,371
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,139 /month
Positive
Cash Flow Estimate:
$713 /month

Interested in this property?

Claudia Rodriguez

RE/MAX Best

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,122
$356,560
2025
$100,000
$256,560
$356,560
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,122
$356,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Sterling Bank
Unknown
$112,955
No
First
Nov 12, 2007
Dec 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$59,232
$297,328
83%
17%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
N/A
+$2,040/mo
6.9%

City: Richardson

303 N Cottonwood Drive | Property Details | No Agent List