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$299,900

504 Salem Dr, Richardson, TX, 75080

$362,262 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,431 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.57 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size8,125 sqft

Building Information

Year Built1960
Roof Type105
Garage Spaces2

Land Information

APN42117500020030000
Lot Number3
SubdivisionNorthrich West
Land UseResidential
Legal DescriptionNORTHRICH WEST 2 BLK 2 LT 3 VOL98143/1639 DD071498 CO-DALLAS 1175000200300 34211750002
Census Tract019211
Assessed Land Value$105,000
Assessed Improvement Value$253,940
Assessment Year2026

About this property

Charming 3-bedroom, 2 bath single-story brick home in Northrich with approximately 1,431 square feet of living space and a two-car garage. Situated on a spacious lot with mature shade trees, established landscaping, and a welcoming covered front porch. This home offers a great opportunity for buyers looking to update and personalize a property or investors seeking their next project. Convenient Richardson location with easy access to shopping, dining, parks, and major highways. Property is being sold AS-IS. Seller will make no repairs. Bring your ideas and take advantage of the opportunity to make this home your own!

Investor Tools

$0Estimated Mortgage Balance
$378,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$362,262
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,268 /month
Positive
Cash Flow Estimate:
$756 /month

Interested in this property?

Paul D'Angelo

John D'Angelo, Inc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$828/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,045
$358,940
2026
$105,000
$253,940
$358,940
No

Tax History

Year
Tax Paid
Assessed Value
2026
$8,045
$358,940

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$378,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,620/mo
N/A
+$2,620/mo
8.3%

City: Richardson