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$365,000

NAL Estimated Property Value

635 Lockwood Drive, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,274 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.09 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Oven, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size8,320 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN42155500200030000
Lot Number3
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 3 BLK 20 LT 3 INT202000358625 DD05042020 CO-DC 1555002000300 3CR15550020
Census Tract019203
Assessed Land Value$100,000
Assessed Improvement Value$248,840
Assessment Year2025

About this property

Stroll back in time when life was calm, neighbors were best friends & kids were safe to walk to school. It's all here in this updated Heights Park gem just a quick walk to Communion Coffee, Alamo Draft House, & dining. Mature shade tree & cheerful saffron mum garden welcome you into this beautiful red brick 3 bedroom, 1 & half bath home. Refinished original hardwood floors flow throughout. Fabulous renovated Industrial Modern kitchen w quartz counters, subway tile bkspsh, stainless appl & gas cooking. Vintage baths in pristine condition & double pane windows throughout. Spacious indoor laundry room. Like to entertain? Awesome huge party deck out back w large yard and storage barn. Steps away from Heights Elem.

Investor Tools

Property Icon
$365,000
Estimated Property Value
$0Estimated Mortgage Balance
$365,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$591/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,266
$348,840
2025
$100,000
$248,840
$348,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,266
$348,840

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$365,000
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
6.7%

City: Richardson

635 Lockwood Drive | Property Details | No Agent List