21
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$365,000
↓ $10K (2.7%)
●
House -
For Sale
1312 Grinnell Drive
Richardson, TX 75081
4 Beds
2 Baths
1,672 Ft²
$2,434
Est. Monthly
About This Property
This well-maintained mid-century home is situated near Glenville
Park in RISD. It is light and bright throughout, showcasing fresh
paint and new luxury vinyl plank flooring. The spacious living room
features a vaulted ceiling, a fireplace, and new French doors that
lead to the backyard. The breakfast area provides sliding glass
door access to a separate side yard. The kitchen includes granite
countertops, plenty of cabinetry, and stainless steel appliances.
There are three guest bedrooms and an oversized primary bedroom
that offers space for a seating area, along with an attached en
suite bath that has an updated subway tile shower. The large fenced
backyard, three-year-old air conditioning unit, two-car attached
garage, and a sought-after location near schools, parks,
restaurants, and shopping make this home a great find.
Unit Size
1,672 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$218
Property Type
House
Property Taxes
$642
HOA Dues
-
Year Built
1970
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 26 days ago (NTREIS #21379228)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 29, 2026 | Price Decreased |
$365,000
↓ $10K
(2.7%) | |
| Price Decreased | |||
| Sep 5, 2026 | Listed by RE/MAX DFW Associates | $375,000 | |
| Listed by RE/MAX DFW Associates | |||
Property Highlights
Garage
Parking Available
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Rear, Inside Entrance, On Street, Garage Single Door
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features, Granite Counters, High Speed Internet, Vaulted Ceiling(s), Walk-In Closet(s), Cable TV Available, Decorative Lighting
Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
Flooring Type: Luxury Vinyl Plank
Laundry Features: Electric Dryer Hookup, Utility Room, Full Size W/D Area, Dryer Hookup
Has Fireplace
Fireplace Features: Electric, Living Room
Fireplaces: 1
Exterior Details
Square Footage: 1672
Architectural Style: Mid-Century Modern, Traditional
Year Built: 1970
Levels: One
Window Features: Window Coverings
Construction Materials: Brick
Patio and Porch Features: Covered, Front Porch, Patio
Lot Features: Few Trees, Interior Lot, Landscaped, Lrg. Backyard Grass, Subdivision
Lot Size Area: 0.207
Lot Size Units: Acres
Lot Size Acres: 0.207
Lot Size Square Feet: 9016.92
Tax Lot: 22
Financial Details
Tax Annual Amount: $7,698
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric, Fireplace(s)
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
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HOA + Taxes
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Listed by: Shaun Walding, RE/MAX DFW Associates
Last Updated: 26 days ago
Data Source: NTREIS MLS, MLS# 21379228
Details provided by NTREIS and may not match the public record
Last Updated: 26 days ago
Data Source: NTREIS MLS, MLS# 21379228
Details provided by NTREIS and may not match the public record
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