$440,000
NAL Estimated Property Value603 Newberry Drive, Richardson, TX, 75080
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
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
$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
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%
