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$500,000

309 Forest Grove Dr, Richardson, TX, 75080

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,229 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$224.32 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Range, Gas Water Heater, Microwave, Vented Exhaust Fan, Washer
FlooringCarpet, Tile

Exterior

Exterior FeaturesPrivate Yard

Building Information

Year Built1972
Stories1
Roof Type112
Garage Spaces2

Land Information

APNR-0120-110-0240-1
Lot Number24
SubdivisionCanyon Creek Country Club No 20 (Crc)
Land UseResidential
Legal DescriptionCANYON CREEK COUNTRY CLUB NO 20 (CRC), BLK 110, LOT 24
Census Tract031815
Assessed Land Value$285,000
Assessed Improvement Value$214,000
Assessment Year2025

About this property

Step inside your new home in highly desirable Canyon Creek! Open front door to a large living area- enough room for 2 sitting areas & has a wood burning fireplace for cozy nights. Don't miss the view of the backyard with covered patio and fire pit- s'more or camp fire songs anyone? Wander each of the 4 bedrooms with split floor plan-3 beds on west side and 1 on east side - perfect for a home office or when guests come to visit. Oversized master features ensuite with a walk-in custom closet. Kitchen is open to family-living area with a breakfast bar and eat-in-kitchen, perfect for everyone to gather. Dining room is off the kitchen for a more formal dinner. Sellers wants the next Owners to immediately feel at home so the house has all new flooring, is freshly painted and don't worry about the deep cleaning it was already done for you! Foundation, Roofing and Chimney all inspected within last 30 days.

Investor Tools

Property Icon
$585,000
Estimated Property Value
$336,150Estimated Mortgage Balance
$267,888Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$922/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,136
$499,000
2025
$285,000
$214,000
$499,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,136
$499,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primary Partners
Conventional
$336,150
No
First
Apr 13, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$317,112
$267,888
45%
54%
$2,016/mo

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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309 Forest Grove Dr | Property Details | No Agent List