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$511,740

NAL Estimated Property Value

924 Wateka Way, Richardson, TX, 75080

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,753 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$270.96 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Oven, Gas Range, Microwave, Convection Oven, Refrigerator, Vented Exhaust Fan, Washer
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size7,680 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces1

Land Information

APN42174501360270000
Lot Number27
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 12 BLK 136 LT 27 INT202300142447 DD07172023 CO-DC 1745013602700 3CR17450136
Census Tract019216
Assessed Land Value$175,000
Assessed Improvement Value$336,740
Assessment Year2025

About this property

Welcome to this stunning 4-bed, 2-bath mid-century modern gem! Fully remodeled, this home boasts timeless upgrades throughout. The spacious playroom doubles as a guest haven with a convenient Murphy bed. Enjoy entertaining on the expansive deck while the kids explore the rock pit. With a perfect blend of style and functionality, this property offers an inviting retreat for both family and guests. Don't miss your chance to own this exquisite home!

Investor Tools

Property Icon
$511,740
Estimated Property Value
$357,953Estimated Mortgage Balance
$153,787Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,070 /month
Positive
Cash Flow Estimate:
$1,023 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$958/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,942
$511,740
2025
$175,000
$336,740
$511,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,942
$511,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$377,500
No
First
Jul 17, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$357,953
$153,787
30%
70%
$2,264/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
$2,264/mo
+$396/mo
6.2%

Learn About the Market: Opportunity in Texas

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Explore

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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924 Wateka Way | Property Details | No Agent List