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Owner Contacts

$994,000

NAL Estimated Property Value

5715 Richwater Drive, Dallas, TX, 75252

Off Market

5 Beds

5 Bath

3,776 Sq Ft

Single Family Residence

$166.84 / sqft

Built in 1983

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5

Bathrooms Full 4.5

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Convection Oven, Double Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater

FlooringCarpet, Ceramic Tile, Wood

Exterior

Private Pool

Exterior FeaturesRain Gutters

Building Information

Year Built1983

Stories1

Roof Type105

Garage Spaces3

Land Information

APNR-0438-006-0040-1

Lot Number4

SubdivisionPrestonwood West Section One Phase Two (

Land UseResidential

Legal DescriptionPRESTONWOOD WEST SECTION ONE PHASE TWO (CDA), BLK F/8731, LOT 4

Census Tract031708

Assessed Land Value$270,000

Assessed Improvement Value$594,650

Assessment Year2025

About this property

EXCEPTIONAL North Dallas ONE STORY w-5 bdrms, 4.1 baths, 2 LV, 3 FP's, 3 car + circle dr., POOL-SPA + separate hot tub & HUGE FENCED IN PRIVATE PLAY YARD near Haggar Elem & PARK. Walk in & instantly see the INCREDIBLE VIEW of the pool & yd from the LG PICTURE WINDOWS. Inviting living room w-gas log FP & spacious formal dining room. GORGEOUS recently REMODELED ISLAND KIT & OPEN to SPACIOUS family room w-wood fl., FP & lots of natural light w-more lg picture windows. Enjoy the oversized breakfast area w-tons of built-ins. FABULOUS floorplan w-LG SPLIT master bdrm w-sitting area, FP & door out to pool. One bdrm w-private bath equipped w-handicap accessories. RELAXING patio areas w-plenty of space for entertaining.

Investor Tools

$994,000

Estimated Property Value

$449,735Estimated Mortgage Balance

$544,265Estimated Equity

54% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,964 /month

Positive

Cash Flow Estimate:

$1,988 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,168/month

$110/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,042

$864,650

2025

$270,000

$594,650

$864,650

Tax History

Year

Tax Paid

Assessed Value

2024

$9,042

$864,650

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Iberiabank

Conventional

$510,400

First

Apr 10, 2020

May 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$449,735

$544,265

54%

45%

$3,061/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,890/mo

$3,171/mo

$-281/mo

3.5%

Learn About the Market: Opportunity in Dallas

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DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

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