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$565,120

NAL Estimated Property Value

505 Sage Valley Dr, Richardson, TX, 75080

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,580 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.99 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringTile, Wood

Exterior

Exterior FeaturesPrivate Yard, Storage
Lot Size9,100 sqft

Building Information

Year Built1964
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42022500040210000
Lot Number21
SubdivisionCanyon Creek 1st
Land UseResidential
Legal DescriptionCANYON CREEK 1ST INST BLK 4 LOT 21 VOL2002179/2897 DD09102002 CO-DC 0225000402100 34202250004
Census Tract019210
Assessed Land Value$325,000
Assessed Improvement Value$240,120
Assessment Year2025

About this property

Check out this ideal pier and beam beauty with very rare COMPLETE MIL suite including full kitchen, living and dining area, bedroom, and full bathroom feeding into coveted Canyon Creek Elementary. MIL suite has several option including office, guest suite, income-producing unit, or just extra living space! Situated on an expansive lot with endless options for play, swimming, dogs, truly anything you desire with a large patio, large deck, and huge yard in addition to these spaces. Adorable covered porch featuring quaint porch swing with ample shade from mature oak creates beautiful curb appeal. Inside, dual living areas and eating areas downstairs along with 4 additional bedrooms and 2 bathrooms up. Refinished original hardwood floors throughout the house with tile in bathrooms - NO CARPET! Main kitchen updated with white 42in cabinetry, stylish backsplash, stainless appliances including gas range, microwave, and dishwasher, new lighting, new Ruvati sink, multi-spray faucet, and quartzite countertops. Upgraded 5-ton, 13 SEER Trane HVAC in '13, new roof '22, new gas lines '24, foundation repaired (shims only) '24. New landscaping, paint, shed and deck stain, demolition and filling in of old pool, new sod front and back, and remodeled master bathroom with new shower, sink, flooring - all in '25. Ample storage! Check out the 3D virtual tour and the floorplan linked to the listing!

Investor Tools

Property Icon
$565,120
Estimated Property Value
$446,729Estimated Mortgage Balance
$118,391Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,391 /month
Positive
Cash Flow Estimate:
$1,130 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$777/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,493
$565,120
2025
$325,000
$240,120
$565,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,493
$565,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bokf Na
Conventional
$452,000
No
First
Sep 26, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$446,729
$118,391
20%
79%
$2,710/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$2,710/mo
$-50/mo
5.6%

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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505 Sage Valley Dr | Property Details | No Agent List