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Days181Days on Market
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$365,000

468 Pittman Street, Richardson, TX, 75081

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size10,849 sqft

Land Information

APN42088500020120000
Lot Number12
SubdivisionHighland
Land UseResidential
Legal DescriptionHIGHLAND BLK B LT 12 INT202300092018 DD05102023 CO-DC 0885000201200 3CR08850002
Census Tract019102
Assessed Land Value$150,000
Assessment Year2025

About this property

Build Your Dream Home in the Heart of Richardson! Unveiling a rare opportunity in the heart of Richardson, this expansive 12,000-square-foot lot offers the perfect canvas to bring your architectural vision to life. Spanning approximately 0.249 acres, this cleared and level site is situated within a quiet, highly recommended neighborhood where high-end new construction is already flourishing, ensuring your custom build is in excellent company. Experience the ultimate freedom of home ownership with no HOA restrictions, allowing you to select your own builder and craft a bespoke floor plan tailored to your exact lifestyle. This prime location provides the ideal blend of suburban peace and urban accessibility, with easy access to Highway 75 and proximity to Richardson’s premier shopping and dining destinations. With all essential utilities already available at the street and inclusion in the prestigious Richardson ISD, this lot is primed and ready for its next chapter. Don't miss this chance to secure an established piece of Richardson real estate and build the dream home you’ve always imagined.

Investor Tools

$188,673Estimated Mortgage Balance
$172,327Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

Interested in this property?

Linda Awad

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$285/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,614
$150,000
2025
$150,000
N/A
$150,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,614
$150,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Austin Bank
Open End Mortgage / Open End With Future Advance Clause
$200,000
No
First
May 10, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,673
$172,327
47%
52%
$1,200/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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468 Pittman Street | Property Details | No Agent List