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$440,000

NAL Estimated Property Value

603 Newberry Drive, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,575 Sq Ft
price_per_sqft$209.46 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size8,320 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN42155500170190000
Lot Number19
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 3 BLK 17 LOT 19 INT202000208830 DD08032020 CO-DC 1555001701900 3CR15550017
Census Tract019203
Assessed Land Value$100,000
Assessed Improvement Value$303,920
Assessment Year2025

About this property

Charming home and neighborhood, located just a few blocks from 75 for easy access to all things Dallas. As an established area, it is teeming with large canopy trees lining the streets of quaint, cottage facades. Within the home, period trim, cozy living spaces, and original herringbone pattern bathroom trim work well with an updated open design kitchen and appliances featuring a natural stone countered breakfast bar. Backyard chain-linked fence surrounds a surprisingly spacious backyard that offers an airy alternative to inside spaces.

Investor Tools

Property Icon
$440,000
Estimated Property Value
$295,847Estimated Mortgage Balance
$144,153Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$656/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,672
$403,920
2025
$100,000
$303,920
$403,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,672
$403,920

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Eustis Mortgage Corp
Va
$333,000
Yes
First
Aug 3, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$295,847
$144,153
32%
67%
$1,997/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,997/mo
+$43/mo
5.6%

City: Richardson

603 Newberry Drive | Property Details | No Agent List