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$349,900

432 Hanbee St, Richardson, TX, 75080

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,568 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.15 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size8,515 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42113500020400000
Lot Number40
SubdivisionNorthrich Acres
Land UseResidential
Legal DescriptionNORTHRICH ACRES BLK B LOT 40 INT202400257037 DD12182024 CO-DC 1135000204000 3CR11350002
Census Tract019211
Assessed Land Value$105,000
Assessed Improvement Value$235,000
Assessment Year2025

About this property

This Mid-Century Ranch is one of the best opportunities west of Hwy 75 with location, 4 bedrooms, 2 full baths, large utility, oversized 2 car detached garage, renovation completed in the past 2 years, roof, interior and exterior paint in the past 2 months, stained deck and priced surprisingly under $350,000! The perfect floor plan for the larger family or it presents well for a dedicated office and still have 3 full size bedrooms. HVAC, water heater, and kitchen appliances were newly installed when renovated. This is a fantastic location in the heart of Richardson, with proximity to I-75, PGB, 635, both TI facilities and the University of Texas Dallas. Conveniently located to RISD schools, shopping and restaurants. This is in the desired Northrich Acres subdivision, and it could be your perfect starter home or a move-up for your growing family. Don't let this slip by as interest rates are down and buyers are moving on the opportunities.

Investor Tools

Property Icon
$373,000
Estimated Property Value
$300,000Estimated Mortgage Balance
$80,547Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,238 /month
Positive
Cash Flow Estimate:
$746 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$646/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,893
$340,000
2025
$105,000
$235,000
$340,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,893
$340,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$300,000
No
First
Dec 18, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,453
$80,547
21%
78%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$1,799/mo
+$861/mo
8.6%

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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432 Hanbee St | Property Details | No Agent List