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$408,000

NAL Estimated Property Value

630 Lockwood Dr, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,410 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$289.65 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesPrivate Yard
Lot Size8,320 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN42155500190360000
Lot Number36
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 3 BLK 19 LT 36 INT201300243359 DD07292013 CO-DC 1555001903600 3CR15550019
Census Tract019203
Assessed Land Value$100,000
Assessed Improvement Value$233,390
Assessment Year2025

About this property

Welcome to the Heights Park community where neighbors become best friends and life slows down. Lush gardens and covered front porch invite you in to this updated 3 bedroom, 2 bath charmer with 2 living areas and spectacular covered wood deck outdoor entertainment area. Once inside you'll delight to the rich original hardwood floors flowing through a color palette in today's cool grays and pure whites, while natural light pours through energy efficient double pane windows. A thoughtfully renovated kitchen showcases custom-built cabinetry, warm granite countertops, and gas cooking. The professionally converted garage creates a spacious family and entertainment room with beautiful hardwood floors, offering flexible living space that's perfect for movie nights, a playroom or even a 4th bedroom. Half garage space remains and offers laundry area and storage for bikes, mowers and tools. Want more? Step out back to the 20 x 20 Ft covered cedar deck living area with soaring timber beams, ambient cafe lighting and TV cabinet. Whether hosting game day, enjoying family dinners, or just chillin and grillin, this inviting space is designed for year-round enjoyment. Both bathrooms have been completely remodeled and shower in primary bath expanded. All Cast Iron drain pipes have been replaced with PVC! What? Yep, and Roof replaced Nov.2019 along with new Electric Panel and Power Mast. What's not to like? Just 5 houses away from Richardson Heights elementary, allowing your family a short walk to and from school. Ride bikes to West Junior High and Richardson High with magnet scholastic programs and just down the street is Lockwood Dining District with Restaurants, Communion Coffee and more. Come and join us!

Investor Tools

Property Icon
$408,000
Estimated Property Value
$266,752Estimated Mortgage Balance
$141,642Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,450 /month
Positive
Cash Flow Estimate:
$817 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$433/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,157
$333,390
2025
$100,000
$233,390
$333,390
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,157
$333,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Credit Line (Revolving) / Heloc
$268,700
No
First
Feb 24, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$266,752
$139,248
34%
65%
$1,611/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,611/mo
+$429/mo
6.0%

City: Richardson

630 Lockwood Dr | Property Details | No Agent List