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$376,000

NAL Estimated Property Value

623 W Belt Line Rd, Richardson, TX, 75080

SoldInfo
9/01/26
Beds3 Beds
Baths2 Bath
Baths1,276 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.84 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Refrigerator, Vented Exhaust Fan, Washer
FlooringWood

Exterior

Lot Size9,408 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN42153500010090000
Lot Number9
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 1 BLK A LOT 9 INT202100251333 DD08202021 CO-DC 1535000100900 3CR15350001
Census Tract019202
Assessed Land Value$96,000
Assessed Improvement Value$204,460
Assessment Year2025

About this property

Move right into this turnkey Richardson Heights gem! Refrigerator, washer, dryer, and yard maintenance are all included in the rent, making for truly effortless living. This charming pier and beam cottage is ideally located within walking distance to exemplary Richardson ISD schools, parks, shopping, and dining. Inside, you’ll find beautiful original hardwood floors, updated windows throughout the living area and kitchen, and a bright, open living and dining space filled with natural light. The inviting eat in kitchen features butcher block countertops, a shiplap backsplash, and abundant cabinet space. The recently updated bathroom adds a fresh, modern touch. Step outside to enjoy the spacious backyard with an 8 foot wood privacy fence, perfect for relaxing or entertaining, without the hassle of lawn care. Additional highlights include a front circular driveway and a one car garage. A rare opportunity to lease a home full of character in one of Richardson’s most desirable neighborhoods.

Investor Tools

Property Icon
$376,000
Estimated Property Value
$249,666Estimated Mortgage Balance
$127,301Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,256 /month
Positive
Cash Flow Estimate:
$752 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$426/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,234
$300,460
2025
$96,000
$204,460
$300,460
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,234
$300,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$275,500
No
First
Aug 20, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,666
$106,334
29%
66%
$1,652/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,652/mo
+$388/mo
6.5%

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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623 W Belt Line Rd | Property Details | No Agent List