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$690,000

521 Cap Rock Drive, Richardson, TX, 75080

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,748 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$251.09 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop
FlooringHardwood, Tile

Exterior

Lot Size9,000 sqft

Building Information

Year Built1966
Stories2
Roof Type105
Garage Spaces2

Land Information

APN42023500090100000
Lot Number10
SubdivisionCanyon Creek 2nd
Land UseResidential
Legal DescriptionCANYON CREEK 2ND INST BLK 9 LT 10 INT200600398040 DD10202006 CO-DC 0235000901000 3CR02350009
Census Tract019210
Assessed Land Value$325,000
Assessed Improvement Value$272,480
Assessment Year2025

About this property

Welcome to this beautiful home nestled in the heart of Canyon Creek. This home sits on a corner lot and has been updated over the 20 years of the owners living there. Make sure to check out TransactionDesk for the full list of udpates including: NEW WATER & SEWER LINES (2021-2022), new commercial grade hot water heater (2021), new 8 ft BoB fence, covered patio and electric gate (2019), and new upstairs HVAC (2021). This home is great for entertaining! The kitchen is a chef’s dream with ample counter space and 3 OVENS. The family room gives plenty of space to entertain along with a dry bar in the back of the room. If you move the party outside, there is a massive covered area that was completed in 2019. Upstairs, each bedroom has plenty of closet space. The primary bedroom has FOUR closets!! So bring all of your clothes! This home is ready for you!

Investor Tools

$310,624Estimated Mortgage Balance
$372,376Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,140 /month
Positive
Cash Flow Estimate:
$1,380 /month

Interested in this property?

Charles Gibson

Compass RE Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$792/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,093
$597,480
2025
$325,000
$272,480
$597,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,093
$597,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brazos National Bank
Conventional
$341,450
No
First
Aug 10, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$310,624
$372,376
54%
45%
$2,048/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$2,048/mo
+$612/mo
4.7%

City: Richardson

521 Cap Rock Drive | Property Details | No Agent List