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$421,650

NAL Estimated Property Value

616 Northill Drive, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,350 Sq Ft
price_per_sqft$203.33 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage, Garden

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN42155500140120000
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 3 BLK 14 LOT 12 INT202000074313 DD03132020 CO-DC 1555001401200 3CR15550014
Census Tract019203
Assessment Year2025

About this property

Welcome to Heights Park where neighbors are best friends & life is simple. Mature shade trees & colorful pansy gardens greet you into this mid century charmer. Freshly painted in today's clean whites w rich hardwood floors flowing throughout. Updated kitchen w granite, stainless, & abundance of cab space. Like to entertain? Wide open entryway from kitchen to dining & bright living w wall of windows. Open the french door & let the party spill out onto the huge 38 x 11 foot two tier deck. Pristine vintage baths w barn door master. Nice back yard w wood privacy fence. Energy efficient double pane windows & hail resistant roof. Complete HVAC & ducts replaced in 2013. Fabulous Richardson schools & dining nearby.

Investor Tools

Property Icon
$421,650
Estimated Property Value
$204,703Estimated Mortgage Balance
$216,947Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,530 /month
Positive
Cash Flow Estimate:
$843 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$942/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,194
$421,650
2025
N/A
N/A
$421,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,194
$421,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Conventional
$232,800
No
First
Mar 13, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,703
$216,947
51%
49%
$1,396/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,396/mo
+$644/mo
5.8%

City: Richardson

616 Northill Drive | Property Details | No Agent List