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$769,000

605 Thompson Dr, Richardson, TX, 75080

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,229 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$345 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesSome Gas Appliances, Dishwasher, Gas Cooktop, Gas Oven, Microwave, Plumbed For Gas, Vented Exhaust Fan
FlooringLuxury Vinyl Plank, Other

Exterior

Lot Size16,272 sqft

Building Information

Year Built1958
Roof Type105
Garage Spaces2

Land Information

APN42158500480070000
Lot Number7
SubdivisionRichardson Heights
Land UseResidential
Legal DescriptionRICHARDSON HEIGHTS 6 BLK 48 LOT 7 INT202600045744 DD02262026 CO-DC 1585004800700 3CR15850048
Census Tract019203
Assessed Land Value$218,750
Assessed Improvement Value$397,020
Assessment Year2026

About this property

Nestled along one of the most charming and desirable pockets of Richardson Heights, this beautifully renovated home sits on a wonderful .37-acre creek lot, offering 4 bedrooms, 3 baths, a private office, and a peaceful setting surrounded by mature trees, lush greenery, and the beauty of the creek below. The expansive, private backyard is a truly special find, offering a sense of tranquility and space that's hard to come by in this established neighborhood. Inside, the thoughtfully redesigned open-concept layout connects the kitchen and living areas, filling the home with natural light and lovely backyard views. Extensive updates include HVAC systems, windows, doors, electrical and plumbing improvements, a tankless water heater, and beautifully updated kitchen and bathrooms. A new driveway, automated gate, pergola, and refreshed landscaping add to the home's charm. Perfectly situated within the highly desirable Richardson ISD, this home offers a lovely blend of modern comforts and a truly special creekside setting.

Investor Tools

$0Estimated Mortgage Balance
$746,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,614 /month
Positive
Cash Flow Estimate:
$1,538 /month

Interested in this property?

Camila Gomez

Allie Beth Allman & Assoc.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$762/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,417
$615,770
2026
$218,750
$397,020
$615,770
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,417
$615,770

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$746,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,660/mo
N/A
+$2,660/mo
4.3%

City: Richardson

605 Thompson Dr | Property Details | No Agent List