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$340,000

518 Vernet St, Richardson, TX, 75080

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,282 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$265.21 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range

Exterior

Lot Size11,250 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces1

Land Information

APN42116500030030000
Lot Number3
SubdivisionNorthrich West
Land UseResidential
Legal DescriptionNORTHRICH WEST 1 BLK C LOT 3 INT202100350199 DD11192021 CO-DC 1165000300300 3CR11650003
Census Tract019211
Assessed Land Value$105,000
Assessed Improvement Value$215,600
Assessment Year2025

About this property

ALL UPDATED AND MOVE-IN READY! SHOWS GREAT! Light and inviting with an open floor plan! Freshly painted inside and out 2026. New Low-E windows 2026 = Low bills for You! Updated with Luxury plank vinyl flooring throughout, 2026. New kitchen cabinets and new Uba Tuba granite counters 2026. SS appliances and LED lighting too! Located on a quiet street, nestled under mature trees.

Investor Tools

$183,866Estimated Mortgage Balance
$152,134Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

Interested in this property?

Dan Willems

RE/MAX DFW Associates

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$723/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,994
$320,600
2025
$105,000
$215,600
$320,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,994
$320,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Conventional
$202,500
No
First
Nov 19, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,866
$152,134
45%
55%
$1,215/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,215/mo
+$825/mo
7.3%

City: Richardson

518 Vernet St | Property Details | No Agent List