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$486,000

NAL Estimated Property Value

507 Goodwin Dr, Richardson, TX, 75081

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,546 Sq Ft
price_per_sqft$202.27 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size9,000 sqft

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42211600140270000
Lot Number27
SubdivisionRichland Park 3rd Sec
Land UseResidential
Legal DescriptionRICHLAND PARK 3RD SEC BLK N LT 27 INT202400200280 DD10022024 CO-DC 2116001402700 3CR21160014
Census Tract019041
Assessed Land Value$125,000
Assessed Improvement Value$346,140
Assessment Year2025

About this property

WHAT DOESN'T THIS HOME HAVE?! Game face required with this beautifully updated treasure boasting massive rooms so big each one feels like the primary bedroom!! Take a vacation...in your own home!! Forget you're in the heart of the metroplex every time you walk in the door! Oceans of light pour into this masterpiece with 3 full bathrooms, a Mother-in-law secluded suite and a wet bar perfect for entertaining and or a mini Starbucks. Consider yourself warned, you'll be the automatic host for family holidays and football watch parties for the next several months as this home was designed to entertain. Perfect for any family dynamic and maintained to a level that should be featured on HGTV. If you're still reading and haven't booked your showing yet, you're about to miss out on INSTANT EQUITY THE SECOND YOU OWN THIS FOREVER HOME.

Investor Tools

Property Icon
$486,000
Estimated Property Value
$374,129Estimated Mortgage Balance
$111,871Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,090 /month
Positive
Cash Flow Estimate:
$1,030 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$823/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,443
$471,140
2025
$125,000
$346,140
$471,140
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,443
$471,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$384,990
No
First
Oct 2, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$374,129
$111,871
23%
77%
$2,309/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,309/mo
+$701/mo
7.4%

City: Richardson

507 Goodwin Dr | Property Details | No Agent List