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$450,000

NAL Estimated Property Value

703 Ridgedale Dr, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,445 Sq Ft
price_per_sqft$221.11 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Convection Oven, Dishwasher, Plumbed For Ice Maker, Refrigerator, Gas Water Heater
FlooringCeramic Tile, Other, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size8,840 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42158500520080000
Lot Number8
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 6 BLK 52 LT 8 INT202100377326 DD12172021 CO-DC 1585005200800 3CR15850052
Census Tract019203
Assessed Land Value$175,000
Assessed Improvement Value$275,000
Assessment Year2025

About this property

Welcome home to Heights Park where life slows down & neighbors are best friends. Stroll beneath mature shade trees to inviting mid-century multilevel front porch w privacy courtyard. Once inside you'll delight to natural light pouring through large floor to ceiling windows in living-dining area & original oak hardwood floors throughout. Renovated hall bath & master w large frameless shower & bamboo floors. Bright open kitchen w porcelain plank floors & stainless appliances is ready for your personal finishing touch. New furnace in Nov. Heights Elementary just a few short blocks away. Bike or walk to Communion Coffee, Alamo Drafthouse & dining galore. Rare opportunity to live in Heights Park for under 320K!

Investor Tools

Property Icon
$450,000
Estimated Property Value
$291,717Estimated Mortgage Balance
$158,283Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$680/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,914
$450,000
2025
$175,000
$275,000
$450,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,914
$450,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$318,250
No
First
Dec 17, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,717
$158,283
35%
65%
$1,909/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,909/mo
+$131/mo
5.4%

City: Richardson

703 Ridgedale Dr | Property Details | No Agent List