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$459,790

NAL Estimated Property Value

613 Sherwood Dr, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,450 Sq Ft
price_per_sqft$258.55 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave
FlooringCarpet, Wood

Exterior

Exterior FeaturesGarden, Private Entrance, Private Yard, Rain Gutters
Lot Size8,320 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APN42153500030140000
Lot Number14
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 1 BLK C LOT 14 INT202200130854 DD05092022 CO-DC 1535000301400 3CR15350003
Census Tract019202
Assessed Land Value$160,000
Assessed Improvement Value$299,790
Assessment Year2025

About this property

Beautifully updated gem in desirable Richardson Heights. Step inside to rich hardwood floors throughout. Spacious living room beaming with natural light opens to elegant dining area & dream gournet kitchen featuring granite countertops, custom cabintrey, gas cooktop & stainless appliances. Designer updated baths and 3 bedrooms with views of the lush backyard. Private deck & pergola are perfect for your morning coffee. Gorgeous custom flagstone walkway. Energy efficient double pane windows throughout. Garage has separate work room. Excellent Richardson schools & walk to Alamo Draft House & dining. Prime location close to shopping, easy highway access and short drive to downtown Dallas. Updates include but are not limited to 150A exterior panel - April 2018, New HVAC system and ducts + sealed remaining floor ducts - Nov 2018, New Attic Insulation (Removal of old insulation, sealing as applicable and new insulation) - March 2019 Replaced gas line from house to alley - Oct 2018

Investor Tools

Property Icon
$459,790
Estimated Property Value
$0Estimated Mortgage Balance
$459,790Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,759 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$852/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,922
$459,790
2025
$160,000
$299,790
$459,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,922
$459,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$413,250
No
First
N/A
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$459,790
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
N/A
+$2,040/mo
5.3%

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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613 Sherwood Dr | Property Details | No Agent List