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$480,000

5801 Kensington Drive, Richardson, TX, 75082

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,652 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Plumbed For Ice Maker
FlooringCeramic Tile, Laminate, Wood

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APNR-2936-00C-0040-1
Lot Number4
SubdivisionCarrington Estates Phase 1 (Crc)
Land UseResidential
Legal DescriptionCARRINGTON ESTATES PHASE 1 (CRC), BLK C, LOT 4
Census Tract031333
Assessed Land Value$110,000
Assessed Improvement Value$369,471
Assessment Year2025

About this property

Mr. & Mrs. Clean live here! Well-cared for home. Home has oversized concrete entry to huge front porch, double front door. Large and extended Foyer makes home look spacious. German engineered hardwood floor in the whole house except wet areas. Kitchen granite c-top, smooth electric cooktop. Water heater 1yr, high quality toilet replaced 1yr. Two fireplaces in Family room & master bedroom. Two walk-in closets for him and her. Roof, chimney cap, downspout, gutter & window screens about 4 yrs, exterior painted 2018. Green house and cover patio will stay. Located close to Mall, Wal-Mart, Lowe's, Target, all type of restaurants & many other retail shops, minutes to Breckinridge & Water Edge parks. Great Plano ISD.

Investor Tools

Property Icon
$508,000
Estimated Property Value
$0Estimated Mortgage Balance
$156,643Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,048 /month
Positive
Cash Flow Estimate:
$1,016 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$945/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,797
$479,471
2025
$110,000
$369,471
$479,471
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,797
$479,471

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kiavi Funding Inc
Commercial
$382,600
No
First
Jan 21, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$351,357
$156,643
30%
69%
$2,294/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,530/mo
$2,294/mo
+$1,236/mo
8.3%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Richardson

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5801 Kensington Drive | Property Details | No Agent List