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$799,990

408 Forest Grove Dr, Richardson, TX, 75080

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,041 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$391.96 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size9,304 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-0120-086-0070-1
Lot Number7
SubdivisionCanyon Creek Country Club No 20 (Crc)
Land UseResidential
Legal DescriptionCANYON CREEK COUNTRY CLUB NO 20 (CRC), BLK 86, LOT 7
Census Tract031815
Assessed Land Value$256,500
Assessed Improvement Value$214,782
Assessment Year2025

About this property

Brought to you by Maverick Design, this beautifully reimagined one story sits on a tree lined lot in Richardson's coveted Canyon Creek neighborhood. A crisp white brick facade, mature crepe myrtles, and a covered entry set the tone before you reach the mahogany front door. Inside, wide plank floors lead through a light filled living room anchored by a wood burning fireplace, box beam ceiling, and full wall paneling. The kitchen blends warm wood lower cabinetry with clean white uppers, brass hardware, quartz counters, and tile backsplash, opening to a moody, statement making dining room. The primary suite offers a tray ceiling and a spa inspired bath with dual vanities, wood framed mirrors, a freestanding soaking tub, and a glass enclosed shower. The secondary bath carries the same boutique feel. Out back, a sparkling black and white tiled pool, covered patio, and mature shade trees create a private setting for entertaining or unwinding. Zoned to Plano ISD, one of the largest and most respected districts in Texas, with the majority of its campuses earning A and B marks from the Texas Education Agency. PISD is known for rigorous academics, strong fine arts and athletics, and career pathways that set students up well beyond graduation. Canyon Creek is one of Richardson's most established pockets, prized for mature trees, small town charm, and community events like a Fourth of July parade. Residents enjoy Prairie Creek Park's trails, the private Canyon Creek Country Club (golf, tennis, pickleball, pools), and everyday stops like Eiland Coffee Roasters and Tom Thumb close by. Quick access to Central Expressway (US 75) and the George Bush Turnpike makes commuting to Plano, the Telecom Corridor, and Dallas effortless. Timeless design, an unbeatable location, and top tier schools: this is Richardson living at its finest.

Investor Tools

$15,660Estimated Mortgage Balance
$549,340Estimated Equity
97% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,800 /month
Positive
Cash Flow Estimate:
$1,600 /month

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Brian Weast

Keller Williams Rockwall

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$407/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,062
$471,282
2025
$256,500
$214,782
$471,282
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,062
$471,282

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community Cu
Stand Alone Second / Subordinate Position
$43,068
No
First
Dec 9, 2003
Jan 2009

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$15,660
$549,340
97%
3%
$259/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.

Explore Texas Explore This Area
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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408 Forest Grove Dr | Property Details | No Agent List