Owner
$729,077
1217 SAVOY LN, RICHARDSON, TX
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
4
baths
2
sq. ft.
2,644
property type
Single Family Residential
hoa
Yes
About
Residential
Average Condition
Living Area
Attached Garage
2 Stories
No Basement
Central
Frame
Central
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
2013
Building Size
2,644 sq ft
Lot Size
3,865 sq ft
Lot Size (Acres)
0.09 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
42-21385-00C-001-0000
County
Dallas County, Texas
Metro Area
Dallas-Fort Worth-Arlington, TX
Zoning
Z236
Neighborhood/Subdivision
SAVOY TRACE
Lot Number
1
School District
Richardson Independent School District
Legal Description
SAVOY TRACE BLK C LOT 1 INT201300319442 DD10082013 CO-DC 2138500C00100 3CR2138500C
Tax & Value Information
Market Value (Total)
$624,570
Building Value
$464,570
Land Value
$160,000
Annual Property Tax
$6,254
Tax Assessment Year
2024
Assessed Value
$624,570
Last Assessment Year
2023
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
10/8/2013
Recording Date
10/10/2013
Sales Document #
2013.319442
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$28,211
Return on Investment
15.60%
After Repair Value
$801,985
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$656,169
Renovation Cost
$36,454
Closing Costs (buying)
$13,123
Holding Costs
$19,908
Selling Costs
$48,119
Total Investment
$180,811
After Repair Value (ARV)
$801,985
Total Costs
$773,773
Estimated Profit
$28,211
Cash Invested
$167,688
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area