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$513,000

NAL Estimated Property Value

705 S Weatherred Drive, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths1,802 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$207.82 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size8,320 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42157500430060000
Lot Number6
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 5 BLK 43 LOT 6 INT202000247589 DD09112020 CO-DC 1575004300600 3CR15750043
Census Tract019202
Assessed Land Value$160,000
Assessed Improvement Value$320,970
Assessment Year2025

About this property

Come, discover the romantic mid century charm of yesteryear lovingly restored for today's modern lifestyle in desirable Richardson Heights. Winding stairway w lush landscaping greets you to fresh exterior color palette in today's pure whites & rich blacks. Inside the luxury vinyl floors flow throughout wide open floor plan in warm grays and pure whites. Like to entertain? Living-dining area opens to quartz & stainless kitchen w 8 ft island-dining bar. 3 bedrooms each with own private bath + guest half bath. Double master bedrooms for versatility. Huge shaded backyard is great for parties! New dble pane windows, & electric panel. All cast iron pipes replaced w PVC, & all plugs grounded. Walk to Durham Park.

Investor Tools

Property Icon
$513,000
Estimated Property Value
$295,114Estimated Mortgage Balance
$217,886Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,078 /month
Positive
Cash Flow Estimate:
$1,026 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,088/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,487
$480,970
2025
$160,000
$320,970
$480,970
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,487
$480,970

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$331,500
No
First
Sep 11, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$295,114
$217,886
42%
58%
$1,988/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,988/mo
+$52/mo
4.8%

City: Richardson

705 S Weatherred Drive | Property Details | No Agent List