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$467,000

NAL Estimated Property Value

407 S Weatherred Drive, Richardson, TX, 75080

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,207 Sq Ft
price_per_sqft$139.1 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size10,010 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42157500360010000
Lot Number1
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 5 BLK 36 LOT 1 INT202000218966 DD08112020 CO-DC 1575003600100 3CR15750036
Census Tract019202
Assessed Land Value$160,000
Assessed Improvement Value$298,890
Assessment Year2025

About this property

Lovely 4 bedroom home in Richardson Heights! * Recent Kitchen updates include: Granite countertops, Stainless steel appliances, & New cabinets * Both bathrooms have also been nicely updated * Huge game room Plus 2 additional living areas * Luxury wood-look vinyl plank * Exterior updates include New Windows, Roof, Gutters & Fresh paint (fall 2019) * Darling city park playground across the street * AC & furnace replaced in 2013 * Storage building in backyard *

Investor Tools

Property Icon
$467,000
Estimated Property Value
$223,885Estimated Mortgage Balance
$243,115Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,802 /month
Positive
Cash Flow Estimate:
$934 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$687/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,905
$458,890
2025
$160,000
$298,890
$458,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,905
$458,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$252,000
No
First
Aug 11, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,885
$243,115
52%
48%
$1,511/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$1,511/mo
+$1,149/mo
6.8%

City: Richardson

407 S Weatherred Drive | Property Details | No Agent List