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$439,000

NAL Estimated Property Value

711 Westwood Dr, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,661 Sq Ft
price_per_sqft$261.83 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Dishwasher, Electric Oven, Gas Cooktop, Disposal, Plumbed For Gas, Refrigerator
FlooringCeramic Tile, Parquet, Wood

Exterior

Exterior FeaturesLighting, Private Yard, Rain Gutters
Lot Size8,320 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42158500560150000
Lot Number15
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 6 BLK 56 LOT 15 INT202300235356 DD11142023 CO-DC 1585005601500 3CR15850056
Census Tract019203
Assessed Land Value$175,000
Assessed Improvement Value$246,440
Assessment Year2025

About this property

What a wonderful opportunity to own this charming pier & beam cottage in highly sought-after Heights Park feeding into top rated RISD schools. Curb appeal galore w a mature pecan tree, freshly landscaped flower beds, brick walkway+newer energy efficient windows incl 2 large bay windows. Come inside & notice how inviting the space feels w fresh neutral paint+beautiful hardwood floors thru-out. The spacious living room has additional room for a reading nook & an additional dining area. The large, open kitchen w SS appliances+backsplash, natural stone counters & industrial style sink+faucet is both practical & beautiful. Enjoy the bright dining area w a 15' wall of built-in cabinets. The oversized primary bedroom boasts built-in vanity+2 closets. Vintage bathrooms are in excellent condition. Backyard offers a 27'x14' elevated patio w decorative brick accent wall. Tons of shaded yard space. Foundation repair w transferable warranty '23, new pvc sewer pipes '23, HVAC '16+roof '15. Hurry!

Investor Tools

Property Icon
$439,000
Estimated Property Value
$388,531Estimated Mortgage Balance
$50,469Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,634 /month
Positive
Cash Flow Estimate:
$878 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$788/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,260
$421,440
2025
$175,000
$246,440
$421,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,260
$421,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Home Mortgage Corp
Fha
$407,000
Yes
First
Nov 14, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$388,531
$50,469
11%
89%
$2,441/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$2,441/mo
$-401/mo
5.6%

City: Richardson

711 Westwood Dr | Property Details | No Agent List