$476,500
1601 Wendy Way, Richardson, TX, 75081
$600,152 ARV
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesDishwasher
FlooringCeramic Tile, Vinyl
Exterior
Lot Size10,880 sqft
Building Information
Year Built1971
Roof Type105
Garage Spaces2
Land Information
APN42004500020280000
Lot Number28
SubdivisionArapaho East
Land UseResidential
Legal DescriptionARAPAHO EAST BLK 2 LOT 28 INT201500294669 DD10302015 CO-DC 0045000202800 3CR00450002
Census Tract019037
Assessed Land Value$95,000
Assessed Improvement Value$395,440
Assessment Year2026
About this property
One lg bdrm down, master & 3 bdrms up, 3 spacious living areas + gar conv. not incl in sf. Master suite includes study. Lg bckyd with trees,2 sheds,fence & double gate allows access to concrete parking on corner lot.
Investor Tools
$0Estimated Mortgage Balance
$490,440Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$600,152
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,943 /month
Positive
Cash Flow Estimate:
$981 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,096/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,699
$490,440
2026
$95,000
$395,440
$490,440
No
Tax History
Year
Tax Paid
Assessed Value
2025
$10,699
$490,440
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$490,440
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
N/A
+$3,010/mo
7.4%
