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$353,450

NAL Estimated Property Value

605 S Weatherred Dr, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,167 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$315.34 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Wood

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42157500410020000
Lot Number2
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 5 BLK 41 LT 2 VOL2004043/12322 DD03032004 CO-DC 5602204100200 3RI15750041
Census Tract019202
Assessed Land Value$160,000
Assessed Improvement Value$193,450
Assessment Year2025

About this property

Charming ranch-style home in sought-after Richardson Heights, offering classic character with thoughtful updates. This well-maintained 3-bedroom, 1.5-bath home features a brand-new roof installed December 2025, updated windows, and a functional layout that maximizes its 1,167 square feet. Inside, enjoy an updated kitchen and bathrooms that complement the home’s original charm. The large backyard offers plenty of space to relax or entertain and includes a sprinkler system for easy maintenance. Located less than 7 minutes from U.S. Highway 75 with convenient access to dining and a quick commute to Downtown Dallas, this home presents a great opportunity in an established, highly desirable neighborhood.

Investor Tools

Property Icon
$353,450
Estimated Property Value
$342,857Estimated Mortgage Balance
$10,593Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,208 /month
Positive
Cash Flow Estimate:
$736 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$561/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,963
$353,450
2025
$160,000
$193,450
$353,450
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,963
$353,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Watermark Capital Inc
Unknown
$344,350
No
First
Feb 9, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$342,857
$10,593
2%
97%
$2,065/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$2,065/mo
$-25/mo
6.9%

City: Richardson

605 S Weatherred Dr | Property Details | No Agent List