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$461,940

NAL Estimated Property Value

740 Newberry Dr, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,578 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$253.42 / 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
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Hardwood, Wood

Exterior

Exterior FeaturesDog Run, Rain Gutters
Lot Size9,344 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42158500500420000
Lot Number42
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 6 BLK 50 LOT 042 INT202200115651 DD04222022 CO-DC 1585005004200 3CR15850050
Census Tract019203
Assessed Land Value$175,000
Assessed Improvement Value$286,940
Assessment Year2025

About this property

Multiple Offers Received. Highest & Best Offer Deadline - Sunday, March 27 at 6:00PM. Welcome to Heights Park, where neighbors become best friends. Stroll along the 700 block of Newberry, where mature shade trees welcome you to your ONE OWNER, 3 bed, 2 bath charmer. Inside you'll find original, hand scraped, hardwood floors leading to an updated kitchen open to family & dining rooms. Nice granite counters, stainless appliances, & breakfast bar make cooking a breeze. Peel back the carpet in the bedroom wing to find original hardwoods, ready for your personal touch refinish. Charming vintage tile baths reminiscent of midcentury days. Energy efficient, double pane windows, & custom stone, gas log fire place complete the picture. Pecan trees & roomy back yard great for parties! New roof in 2021 & HVAC in 2018 along with updated electric panel. Walk to Heights Park, Communion Coffee, & dining galore. Put your finishing touches on this rare opportunity to live in Heights Park for under 400K!

Investor Tools

Property Icon
$461,940
Estimated Property Value
$368,455Estimated Mortgage Balance
$93,485Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,772 /month
Positive
Cash Flow Estimate:
$924 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$762/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,829
$461,940
2025
$175,000
$286,940
$461,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,829
$461,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homebridge Financial Services Inc
Conventional
$399,000
No
First
Apr 22, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$368,455
$93,485
20%
80%
$2,393/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$2,393/mo
$-353/mo
5.3%

City: Richardson

740 Newberry Dr | Property Details | No Agent List