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$496,000

NAL Estimated Property Value

504 Worcester Way, Richardson, TX, 75080

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,280 Sq Ft
price_per_sqft$186.4 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size8,125 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42117500040030000
Lot Number3
SubdivisionNorthrich West
Land UseResidential
Legal DescriptionNORTHRICH WEST 2 BLK 4 LOT 3 INT202400109493 DD05222024 CO-DC 1175000400300 3CR11750004
Census Tract019211
Assessed Land Value$105,000
Assessed Improvement Value$331,080
Assessment Year2025

About this property

Fantastic home in an excellent location with easy access to 75-Central and PGBH. Great floor plan for entertaining with kitchen open to living room and featuring a handsome fireplace. Granite counter tops in the kitchen, stainless steel appliances, separate laundry room, new carpet and fresh paint throughout. Lots of opportunities to make this floorplan work for you - Formal Dining room could also make a great office or second living area. Spacious hallway off of the garage would make a great mudroom or family organization station. Primary bedroom features two separate walk in closets and an updated bath with oversized shower. Two bedrooms upstairs are very spacious and feature gorgeous oak hardwood floors. The backyard has so much potenial with plenty of room, a tall fence and beautiful trees. Quiet neighborhood with excellent RISD schools, including JJ Pearce HS. Conveniently located next to retail, restaurants, UTD and more.

Investor Tools

Property Icon
$496,000
Estimated Property Value
$340,073Estimated Mortgage Balance
$155,927Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,976 /month
Positive
Cash Flow Estimate:
$992 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$999/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,509
$436,080
2025
$105,000
$331,080
$436,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,509
$436,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$352,750
No
First
May 22, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$340,073
$155,927
31%
69%
$2,115/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$2,115/mo
+$545/mo
6.4%

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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504 Worcester Way | Property Details | No Agent List