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B+
NoAgentList RatingHow are grades calculated? Info

$355,000

606 Sherwood Drive, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,344 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.85 / sqft
Year BuiltBuilt in 1956

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, Electric Cooktop, Electric Oven, Electric Range
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size8,320 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces1

Land Information

APN42153500020240000
Lot Number24
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 1 BLK B LOT 24 INT202000270574 DD09292020 CO-DC 1535000202400 3CR15350002
Census Tract019202
Assessed Land Value$160,000
Assessed Improvement Value$147,800
Assessment Year2025

About this property

Mutiple offers no showings. Deadline was 6 p.m. 27th. Richardson Heights--Richardson Heights Elementary--Mid-Century Modern! Rare Opportunity to find this combination in a home well-maintained and updated with many extras. Original Hardwood Floors, Fully Sprinklered, Updated Hot Water Heater (3 mo), Updated Windows, Updated Dishwasher, Updated Plumbing Pipes, Amazing yard, Plantation Shutters. You can move right in to this great home and if you want to further update baths and kitchen, do it whenever you are ready. Seller has been here 51 years and the house is so well maintained and updated and the style just moves forward. What incredible access to 75, UTD, Shopping, Neighborhood eating and fun.

Investor Tools

Property Icon
$355,000
Estimated Property Value
$0Estimated Mortgage Balance
$133,865Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$515/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,402
$307,800
2025
$160,000
$147,800
$307,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,402
$307,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$248,400
No
First
Sep 29, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,135
$133,865
37%
62%
$1,490/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,490/mo
+$550/mo
6.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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.

Explore Texas Explore This Area
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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606 Sherwood Drive | Property Details | No Agent List