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$423,280

NAL Estimated Property Value

812 Sherwood Dr, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,587 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$267.74 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard, Storage
Lot Size11,648 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42157500290130000
Lot Number13
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 5 BLK 29 LOT 13 INT202500072811 DD04092025 CO-DC 1575002901300 3CR15750029
Census Tract019202
Assessed Land Value$160,000
Assessed Improvement Value$263,280
Assessment Year2025

About this property

This is the perfect opportunity to own a quintessential mid-century modern ranch in heart of highly sought after Richardson Heights! This pier & beam charmer melds the best of mcm design--clean lines, open floor plans, large windows & indoor-outdoor living--with the modern conveniences of today. Even the simple+sleek curb appeal & front architectural carport feature embodies the practical yet stylish design of the 1960s. But don't worry, you still get tons of storage too with the 10'x9' attached storage room PLUS a 12'x'10 storage building in the backyard! Head inside & notice the freshly painted walls, mid-tone hardwood flooring thru out the entire home with exception of wet areas & back family room, crowning molding & views straight through to the very back of the house. The kitchen features real wood cabinetry, granite counters & newer SS appliances including a gas range. Enjoy the generously sized family room on the other side of the kitchen complete with a stunning stone fireplace. Embrace the indoor-outdoor living this home offers when you step through the french doors onto the gorgeous, elevated & oversized covered patio complete with cedar features, vaulted ceilings, stamped concrete & views of your HUGE backyard with room for ALL your hobbies & activities. The primary bedroom offers an entire wall of closet space & a vintage inspired modern ensuite bathroom. Bedroom+bathroom doors replaced '25, fresh paint '24 & '25, roof replaced '19, newer windows & sewer pipes replaced too. Don't miss this rare opportunity to own a true MCM-styled home in the tight-knit & conveniently located Richardson Heights community!

Investor Tools

Property Icon
$423,280
Estimated Property Value
$225,605Estimated Mortgage Balance
$197,675Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,549 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$699/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,277
$423,280
2025
$160,000
$263,280
$423,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,277
$423,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guardian Mortgage Co Inc
Conventional
$230,000
No
First
Apr 10, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,605
$197,675
46%
53%
$1,379/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,379/mo
+$661/mo
5.8%

City: Richardson

812 Sherwood Dr | Property Details | No Agent List