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1view

$410,000

826 Ridgedale Dr, Richardson, TX, 75080

Off Market

2 Beds

2 Bath

1,379 Sq Ft

Single Family Residence

$297.32 / sqft

Built in 1956

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater

FlooringHardwood, Tile

Exterior

Lot Size9,165 sqft

Building Information

Year Built1956

Stories1

Roof Type105

Garage Spaces2

Land Information

APN42158500510540000

Lot Number54

SubdivisionRichardson Heights

Land UseResidential

Legal DescriptionRICHARDSON HEIGHTS 6 BLK 51 LOT 054 INT202400213479 DD10182024 CO-DC 1585005105400 3CR15850051

Census Tract019203

Assessed Land Value$175,000

Assessed Improvement Value$230,000

Assessment Year2025

About this property

Absolutely Wonderful 2 BDRM, 2 BATH W 2-Car Garage On The Best Block in Sought After Richardson Heights! Beautiful Hardwood Floors Throughout! So Many Quality Updates! Youthful, Fresh Decor! Pier & Beam Foundation! KT Has White Cabinets, Granite Countertops, Pull Out Shelves, DBL Ovens, Microwave Oven, Dishwasher & Overlooks LR W Fireplace. LR Has Large Window Overlooking Back Yard. Recessed Lighting! Large DR & Entry! Ceiling Fans in LR & BDRMS! Hall Blt-ins & Closets. Primary BDRM Has Bath W Period Tile, Shower, Sink & Medicine Cabinet. Full Bath Has Period Tile & Tub-Shower. Utility Closet. Half of Windows - Pella Wood! Pella Back Door! Two Inch Wood Blinds. Large Wood Fenced Back Yard & Oversized Detached Garage. Exterior Paint - 2024. New Hot Water Heater - 2024. New Wood Burning Stove-Fireplace & Chimney - 2024. New Attic Insulation & Vapor Barrier - 2021. New Furnace - 2017. Sought After Richardson Schools And Convenient To Freeways & Shopping!

Investor Tools

$405,000

Estimated Property Value

$275,000Estimated Mortgage Balance

$137,758Estimated Equity

32% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,460 /month

Positive

Cash Flow Estimate:

$820 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$674/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,064

$405,000

2025

$175,000

$230,000

$405,000

Tax History

Year

Tax Paid

Assessed Value

2024

$6,064

$405,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Conventional

$275,000

First

Oct 18, 2024

Nov 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$267,242

$137,758

34%

66%

$1,649/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,620/mo

$1,649/mo

$-29/mo

4.8%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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