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$419,000

12 Merrie Cir, Richardson, TX, 75081

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,659 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$252.56 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size9,088 sqft

Building Information

Year Built1973
Roof Type105
Garage Spaces2

Land Information

APN42005500070160000
Lot Number16
SubdivisionArapaho East Sec
Land UseResidential
Legal DescriptionARAPAHO EAST SEC 2 BLK 7 LT 16 INT201500273566 DD10122015 CO-DC 0055000701600 3CR00550007
Census Tract019037
Assessed Land Value$95,000
Assessed Improvement Value$256,820
Assessment Year2026

About this property

Welcome to this beautifully refreshed Richardson home, featuring an inviting arched entryway, mature trees, and a well-maintained lawn. This home has undergone extensive updates inside and out. Major improvements include a freshly painted exterior and interior, new architectural shingled roof, new gutters and chimney cap, all foundation work completed and warrantied, complete plumbing replacement from cast iron to PVC, and a new HVAC system. Inside, discover new flooring, updated bathrooms, new appliances, removed popcorn ceilings, added canned lights, new ceiling fans, and more. Additional exterior enhancements include a newly cemented driveway and garage floor, cement patio, refreshed landscaping, and stained fence. The location is super convenient, close to Yale Park and Yale Elementary School. This thoughtfully updated home is practically new and ready to welcome its next owners!

Investor Tools

$0Estimated Mortgage Balance
$392,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,514 /month
Positive
Cash Flow Estimate:
$838 /month

Interested in this property?

Benny Gross

OnDemand Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$816/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,831
$351,820
2026
$95,000
$256,820
$351,820
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,831
$351,820

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$392,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
N/A
+$2,310/mo
7.1%

City: Richardson