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$529,000

601 Winchester Dr, Richardson, TX, 75080

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,852 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$285.64 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size11,960 sqft

Building Information

Year Built1961
Roof Type105
Garage Spaces2

Land Information

APN42125500010180000
Lot Number18
SubdivisionParkview
Land UseResidential
Legal DescriptionPARKVIEW ESTATES 1 BLK 1 LOT 18 INT20080322441 DD09262008 CO-DC 1255000101800 3CR12550001
Census Tract019203
Assessed Land Value$100,000
Assessed Improvement Value$362,230
Assessment Year2026

About this property

Welcome home!! Come see this beautifully maintained, light and bright 3-bedroom, 2-bath home on a corner lot in Richardson's highly sought after, Heights Park neighborhood! This layout is functional and works for everyday living and entertaining. Two separate living areas offer flexibility, with a front living room with a nice view and a family room built around a cozy fireplace. The large covered back patio is easily accessible with French doors from the family room and a sliding glass door from the breakfast area, perfect for indoor-outdoor living. This space is perfect for morning coffee or a barbecue with friends and family. Meals can be formal or casual and indoor or out, with both a dining room and the eat-in kitchen, or the large covered patio. Fresh paint throughout, brand-new carpet, and engineered hardwoods and tile flooring make the home move-in-ready. Recessed lighting, ceiling fans, and decorative light fixtures add style and comfort, and walk-in closets in two of the three bedrooms, with additional hall closets offer plenty of storage. An electric gate on the driveway adds privacy and security, and the 2-car garage adds convenience and extra space. Buyers will appreciate the peace of mind that comes with sewer clean-outs replaced out to the main line at the street and a new gas line. The location is ideal! Close to schools, shopping, dining, etc... everything you need just minutes away. Down the street is Heights Park which offers a playground, walking path, pool and tennis courts, and nearby are the Recreation Center and Senior Center. Don't miss this West Richardson gem!!

Investor Tools

$154,032Estimated Mortgage Balance
$315,968Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,174 /month
Positive
Cash Flow Estimate:
$1,058 /month

Interested in this property?

Heather Kobs

Call It Closed Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$419/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,677
$462,230
2026
$100,000
$362,230
$462,230
No

Tax History

Year
Tax Paid
Assessed Value
2026
$2,677
$462,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Stand Alone First / Home Equity First Lien
$181,000
No
First
May 13, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,032
$315,968
67%
33%
$1,086/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,620/mo
$1,086/mo
+$1,534/mo
6.7%

City: Richardson

601 Winchester Dr | Property Details | No Agent List