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$525,730

NAL Estimated Property Value

704 Mount Vernon Dr, Richardson, TX, 75081

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,862 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.17 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCeramic Tile, Hardwood, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size9,000 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42104200010070000
Lot Number7
SubdivisionMarlborough Square Sec
Land UseResidential
Legal DescriptionMARLBOROUGH SQUARE SEC 2 BLK A LOT 7 INT202400077453 DD04112024 CO-DC 1042000100700 3CR10420001
Census Tract019024
Assessed Land Value$108,000
Assessed Improvement Value$417,730
Assessment Year2025

About this property

Great Location Home in Richardson ISD. 4 bedrooms, 3 full bathrooms, 2 Master Bedrooms, 2 living areas with Pool & Spa. The house has a lot of upgrades. This property boasts a range of features that are the best in style. Breathtaking porcelain flooring greets you when you enter your home; Enjoy ample space with your family & guests while preparing & entertaining in the remodeled dream kitchen. Dive into your private swimming pool featuring both a lap swimming area & diving pool area; hot tub and relax or host poolside gatherings. Split design with 2 Master Suites; Ideal for extended families; Great storage throughout; 2-car garage with a wide driveway featuring extra parking; 8' Cedar Privacy Fence; Samsung appliances including double-sided stainless steel refrigerator; Prime location near shopping, dining, & entertainment. Walking distance only to WalMart, Target, etc. Too many updates to list. Must See it!

Investor Tools

Property Icon
$525,730
Estimated Property Value
$423,501Estimated Mortgage Balance
$102,229Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$765/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,557
$525,730
2025
$108,000
$417,730
$525,730
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,557
$525,730

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amwest Funding Corp
Conventional
$440,000
No
First
Apr 11, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$423,501
$102,229
19%
81%
$2,639/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,639/mo
+$371/mo
6.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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704 Mount Vernon Dr | Property Details | No Agent List