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$598,900

925 Fernwood Dr, Richardson, TX, 75080

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,730 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$346.18 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringVinyl

Exterior

Lot Size9,375 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN42187501220030000
Lot Number3
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS ESTATES 4 BLK 122 LOT 3 VOL90080/2116 EX031490 CO-DALLAS 1875012200300 34218750122
Census Tract019203
Assessed Land Value$225,000
Assessed Improvement Value$241,710
Assessment Year2025

About this property

Completely reimagined with timeless design, exceptional craftsmanship, and modern convenience in mind, this beautifully renovated home offers the perfect blend of style, comfort, and peace of mind in one of Richardson's most established neighborhoods. From the moment you step inside, you'll appreciate the thoughtful attention to detail, designer finishes, and open living spaces that create an inviting atmosphere for both everyday living and effortless entertaining. Every major improvement has already been completed, allowing you to simply move in and enjoy. Featuring a 2-year-old roof, repaired foundation, updated electrical, updated plumbing, beautifully remodeled kitchen and bathrooms, and high-end finishes throughout, this home delivers the confidence today's buyers are looking for. Perfectly situated with quick access to US-75 and President George Bush Turnpike, you'll enjoy an easy commute to Downtown Dallas, Plano, and Legacy West while being just minutes from CityLine, Richardson's thriving restaurant scene, boutique shopping, local coffee shops, parks, and entertainment. Spend weekends exploring nearby Prairie Creek Park, Breckinridge Park, and the Cottonwood Creek Trail system, or enjoy the convenience of living near major employers including Texas Instruments, State Farm, and The University of Texas at Dallas. This is more than a beautifully renovated home—it's a lifestyle of convenience, quality, and modern living in one of Richardson's most desirable communities.

Investor Tools

$358,961Estimated Mortgage Balance
$136,039Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,593 /month
Positive
Cash Flow Estimate:
$1,198 /month

Interested in this property?

Alina Nesterenko

Fathom Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$625/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,023
$466,710
2025
$225,000
$241,710
$466,710
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,023
$466,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Boomerang Acceptance Llc
Unknown
$360,000
No
First
May 11, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$358,961
$136,039
27%
73%
$2,159/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$2,159/mo
$-119/mo
4.9%

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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