$335,000
NAL Estimated Property Value513 Ridgedale Drive, Richardson, TX, 75080
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesElectric Range, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile, Vinyl
Exterior
Exterior FeaturesRain Gutters, Storage
Lot Size8,960 sqft
Building Information
Year Built1955
Stories1
Roof Type105
Garage Spaces1
Land Information
APN42156500250130000
Lot Number13
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 4 BLK 25 LOT 13 INT202100265658 DD09032021 CO-DC 1565002501300 3CR15650025
Census Tract019203
Assessed Land Value$100,000
Assessed Improvement Value$225,790
Assessment Year2025
About this property
One Owner gem in sought after Heights Park for under 250K. Meticulously maintained & in excellent condition w solid pier & beam foundation, 5 year old roof, & original oak hardwood floors under carpet. Move right in or update to your taste. Relax on the front porch beneath mature shade tree or head out back to large covered wood deck. Back yard oasis blossoms w yellow & orange Lantana, & drought tolerant foliage. Wrap-around outdoor living space flows through spacious fenced yard. Walk to Communion Coffee, & dining galore. Fabulous Richardson schools!
Investor Tools
$335,000
Estimated Property Value
$183,385Estimated Mortgage Balance
$151,615Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$688/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,581
$325,790
2025
$100,000
$225,790
$325,790
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,581
$325,790
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Conventional
$201,200
No
First
Sep 3, 2021
Oct 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,385
$151,615
45%
55%
$1,207/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,207/mo
+$833/mo
7.3%
