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$592,180

NAL Estimated Property Value

911 Fernwood Dr, Richardson, TX, 75080

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,818 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$272.28 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Water Heater, Gas Cooktop, Microwave, Vented Exhaust Fan
FlooringCeramic Tile, Wood

Exterior

Lot Size10,625 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42187501220100000
Lot Number10
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS ESTATES 4 BLK 122 LOT 10 INT202200200150 DD07192022 CO-DC 1875012201000 3CR18750122
Census Tract019203
Assessed Land Value$225,000
Assessed Improvement Value$367,180
Assessment Year2025

About this property

*Multiple offers: Deadline EOD 6-26* Stunning renovation of this Richardson Heights home, zoned to highly sought after Arapaho Classical Magnet and located on a corner lot! Well-maintained & cared for, with functional layout, and move-in ready. Enter to formal living + dining area that leads to kitchen w custom cabinets, exotic granite, farmhouse sink and ss appliances. Primary suite tastefully updated in 2020 w dual sink vanity, tile, hardware, fixtures and expanded to include walk-in closet. Oversized frameless shower with rainfall shower head. Two spacious secondary bedrooms and 4th bed currently used as home office. Den with wood-burning fireplace, plumbed for gas for easy conversion, and access to spacious backyard featuring a patio + walkway with pavers, new sod and flowerbeds added in 2021. Hand-scraped wood floors throughout. Other improvements include 2021 water heater; 2020 electrical rewire. 2019 updates by previous owner: roof, fence, windows, AC. Attached 2-car garage.

Investor Tools

Property Icon
$592,180
Estimated Property Value
$343,545Estimated Mortgage Balance
$248,635Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,553 /month
Positive
Cash Flow Estimate:
$1,184 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,004/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,092
$592,180
2025
$225,000
$367,180
$592,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,092
$592,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$370,000
No
First
Jul 19, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,545
$248,635
41%
58%
$2,219/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$2,219/mo
+$441/mo
5.4%

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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