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$399,000

NAL Estimated Property Value

519 Lexington Lane, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,458 Sq Ft
price_per_sqft$222.84 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Refrigerator, Gas Water Heater
FlooringCarpet, Ceramic Tile, Concrete, Other, Slate, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Lighting

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42117500020210000
SubdivisionNorthrich West
Land UseResidential
Legal DescriptionNORTHRICH WEST 2 BLK 2 LT 21 INT202100247463 DD0882021 CO-DC 1175000202100 3CR11750002
Census Tract019211
Assessment Year2025

About this property

Wonderful opportunity to own this lovely ranch w rustic & eclectic touches in the heart of W. Richardson. This home has been lovingly maintained & updated w truly quality workmanship+materials. Charming curb appeal w prof landscaping, newer windows, roof ('16), cedar front door & a gorgeous Sycamore tree that provides tons of shade. Great floor plan & flow. Kitchen completely renovated ($31K) w custom cabinets, high end SS appliances, granite+backsplash. Hall bath stylishly remodeled w large walk in shower, upgraded tile, fixtures+glass enclosure. Master bath has huge soaking tub & heated floors hard to find in Richardson. Flagstone patio w built-in firepit+large yard. So many quality updates-ask for full list!

Investor Tools

Property Icon
$399,000
Estimated Property Value
$248,899Estimated Mortgage Balance
$150,101Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$673/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,081
$366,000
2025
N/A
N/A
$366,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,081
$366,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$273,600
No
First
Aug 18, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,899
$150,101
37%
62%
$1,641/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,641/mo
+$399/mo
6.1%

City: Richardson

519 Lexington Lane | Property Details | No Agent List