Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$535,000

1212 Elmwood Drive, Richardson, TX, 75080

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,598 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$334.79 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Plumbed For Gas
FlooringTile, Wood

Exterior

Exterior FeaturesFire Pit, Private Yard, Rain Gutters, Storage
Lot Size9,169 sqft

Building Information

Year Built1958
Roof Type105
Garage Spaces2

Land Information

APN42166500700190000
Lot Number19
SubdivisionRichardson Heights 2nd Sec
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 8 2ND SEC BLK 70 LOT 19 INT201400301888 DD11202014 CO-DC 1665007001900 3CR16650070
Census Tract019215
Assessed Land Value$100,000
Assessed Improvement Value$329,370
Assessment Year2026

About this property

This incredible showstopper in an established West Richardson neighborhood offers something special: high-quality finishes paired with visible and behind-the-scenes upgrades, ensuring peace of mind for years to come. After being completely gutted and renovated, the home has continued to receive thoughtful upgrades inside and out over the last few years. White oak engineered hardwood floors, installed in 2022, complement custom built-in bookshelves, vaulted ceilings, and a stone fireplace. The kitchen features quartz countertops, soft-close cabinetry, a farmhouse sink, a custom vent hood, and a 36in KitchenAid gas range. All appliances were replaced in 2022. Both bathrooms have been fully renovated, while solid wood interior doors, energy-efficient windows, upgraded lighting, and fresh paint add quality throughout. The improvements go well beyond appearances. Major infrastructure upgrades include new PVC plumbing and gas lines throughout, new ductwork, blown-in insulation, an upgraded electrical panel, a tankless water heater, and a Nest thermostat. These are substantial investments that can make a meaningful difference in efficiency, long-term maintenance, and peace of mind. Outside, cedar beams accent the front porch, while the backyard features a paver patio, gravel fire pit area, and cedar privacy fence. A detached unit added in 2021, complete with a mini-split HVAC system, offers flexible space for a home office, studio, or hobbies. Additional improvements include new gutters with leaf guard screens, an expanded driveway, and smart garage door openers installed in 2024. Located in a desirable area of West Richardson with access to well-regarded schools, this home combines the character of an established neighborhood with the benefits of extensive modern renovations. The attention given to both the visible finishes and the major systems makes this property stand out and will make your life better for years to come!

Investor Tools

$193,474Estimated Mortgage Balance
$260,526Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month

Interested in this property?

Todd Tramonte

Market Experts Realty

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$750/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,728
$429,370
2026
$100,000
$329,370
$429,370
No

Tax History

Year
Tax Paid
Assessed Value
2026
$6,728
$429,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Choice Loan Services Inc
Fha
$98,188
Yes
First
Nov 20, 2014
Dec 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,474
$260,526
57%
43%
$1,399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,620/mo
$1,399/mo
+$1,221/mo
6.9%

City: Richardson

1212 Elmwood Drive | Property Details | No Agent List