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$1,706,360

NAL Estimated Property Value

901 Newberry Drive, Richardson, TX, 75080

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,054 Sq Ft
price_per_sqft$180.14 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop, Microwave, Gas Water Heater
FlooringCarpet, Ceramic Tile, Laminate, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size13,500 sqft

Building Information

Year Built2023
Stories2
Roof Type105
Garage Spaces2

Land Information

APN42184500910190000
Lot Number19
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS ESTATES BLK 91 LOT 19 INT202200209765 DD07282022 CO-DC 1845009101900 3CR18450091
Census Tract019203
Assessed Land Value$225,000
Assessed Improvement Value$1,481,360
Assessment Year2025

About this property

Build or rehab opportunity in the heart of Richardson Heights Estates on a HUGE .31 acre corner lot less than a block from the creek! Tall trees front and back! FAIRLY RECENT ROOF AND TRANE AIR CONDITIONER UNIT, HARDWOOD FLOORING, AND GREAT EXPANSION POSSIBILITIES. Close to Arapaho Village Shopping Center. House is being sold to settle an estate, NO REPAIRS.

Investor Tools

Property Icon
$1,706,360
Estimated Property Value
$1,823,677Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,238 /month
Positive
Cash Flow Estimate:
$3,413 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,545/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$34,003
$1,706,360
2025
$225,000
$1,481,360
$1,706,360
No

Tax History

Year
Tax Paid
Assessed Value
2024
$34,003
$1,706,360

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Purchase Money Mortgage
$360,000
No
First
Jul 28, 2022
Jul 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,823,677
N/A
0%
107%
$11,692/mo

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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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Richardson

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901 Newberry Drive | Property Details | No Agent List