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B+

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Owner Contacts

$541,000

7720 La Risa Drive, Dallas, TX, 75248

Off Market

4 Beds

3 Bath

2,118 Sq Ft

Single Family Residence

$203.02 / sqft

Built in 1968

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave

FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size8,846 sqft

Building Information

Year Built1968

Stories1

Roof Type105

Garage Spaces2

Land Information

APN00000797866000000

Lot Number12

SubdivisionRichardson Heights

Land UseResidential

Legal DescriptionRICHARDSON HEIGHTS ESTS WEST REV BLK 11/8196 LT 12 INT202100280878 DD09172021 CO-DC 8196 011 01200 3DA8196 011

Census Tract013605

Assessed Land Value$136,000

Assessed Improvement Value$309,110

Assessment Year2025

About this property

PRICE REDUCED! Great updated 4 bedroom 2.1 bathroom in RICHARDSON ISD! Kitchen boasts granite counter tops, tile, stainless appliances, and a gas stove. Bathrooms are updated with granite counters, lo flow toilets, fixtures, sinks, and lighting. The home has plenty of space for the whole family with two living areas and two dining areasHome features tankless hot water heater, Brazilian hickory laminate floors, newer windows,and plantation shutters. Master has his and her vanities and a large closet. 3 additional bedrooms are spacious with ample closets. There is so much original charm in this house yet modern updates to enjoy!

Investor Tools

$541,000

Estimated Property Value

$0Estimated Mortgage Balance

$231,105Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,246 /month

Positive

Cash Flow Estimate:

$1,082 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$866/month

$50/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,690

$445,110

2025

$136,000

$309,110

$445,110

Tax History

Year

Tax Paid

Assessed Value

2024

$7,690

$445,110

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Conventional

$340,000

First

Sep 17, 2021

Oct 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$309,895

$231,105

42%

57%

$2,039/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,970/mo

$2,089/mo

+$881/mo

6.6%

Learn About the Market: Opportunity in Dallas

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