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Richardson 75080 Cottonwood Heights
907 Blue Lake Circle
$480,000
● House - Off Market

907 Blue Lake Circle

Richardson, TX 75080
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
3,047 Ft²
$759,082
RealtyHop Estimate
46.68%
Since Jun 1, 2020
TX-Dallas
Primary Model

About This Property

It WAS your dream, but NOW it's your reality! Almost a half acre lot on beautiful Blue Lake where you can kayak, fish, or feed ducks from your own backyard! And that backyard is a whimsical fairytale scene with mature trees, landscaping & a breathtaking lake view from a raised double deck! Updates: HVAC, water heater, electrical, windows, appliances, flooring, lighting, blinds, fixtures, hardware, fencing, driveway, paint, landscaping, sprinkler, & more! LG  living with FP opens to chef's kitchen & breakfast with island seating. GRAND formal dining with butler's pantry & additional dining space! Warm brick library or den with built-ins. Perfect floorplan with luxury master suite & 1 bed down & 3 HUGE beds up.
Unit Size
3,047 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$170
Property Type
House
Property Taxes
$993
HOA Dues
-
Year Built
1967

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 3 years ago (NTREIS #14259288)

Price History

Date / Event Date Event Price
May 26, 2020 Sold
Premium
Sold
Jan 14, 2020 Listed by Keller Williams Central $517,500
Listed by Keller Williams Central

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1977
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 18,672
  • Lot Size Depth Feet: 2,380
  • Lot Size Frontage Feet: 750
  • Total Building Area: 3,647
  • Building Area: 3,047
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,047
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RICHARDSON HEIGHTS 11
  • Land Acres: 0000000429
  • Standard Land Use Code: 1001
  • County Land Use Code: A11
  • State Land Use Code: A11
  • Legal Description 1: RICHARDSON HEIGHTS 11 BLK 125 LOT 38 INT202000137668 DD05282020 CO-DC 1735012503800 3CR17350125

Neighborhood

  • School District Name: Richardson Independent School District
  • School Tax School District: RICHARDSON ISD
  • Census Tract: 019202

Zoning

  • Zoning: Z276

Geography

  • Assessors Map Reference: 421735012503800
  • Account Number: 421735012503800
  • Subdivision Tract Number: 17350
  • Parcel: 42-17350-125-038-0000
  • Block: 125
  • Lot: 38
  • Municipality: RICHARDSON
  • Latitude: 32.9428
  • Longitude: -96.7531

    Address

  • Full Address: 907 Blue Lake Cir
  • Address - House Number: 907
  • Address - Street Name: Blue Lake
  • Address - Suffix Type: Cir
  • State: TX
  • City Name: Richardson
  • Carrier Code: C007
  • 4-Digit Zip Code: 6912
  • Zip Code: 75080

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,095,476
  • Tax Rate Code Area: RS

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 69
  • Final Value: 754,259
  • High Value: 923,051
  • Low Value: 585,466

    Market Valuation

  • Market Total Value: $637,310
  • Market Land Value: $125,000
  • Market Improvement Value: $512,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $637,310
  • Assessed Land Value: $125,000
  • Assessed Improvements Value: $512,310

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 28, 2020
  • Current Sale Recording Date: Jun 04, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202000137668
  • Previous Sale Recording Date: Mar 21, 2016
  • Previous Sale Contract Date: Mar 18, 2016
  • Previous Sale Amount: $415,000
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Cottonwood Heights

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$203

Below Asking

0.03%

Average Days on Market

76

Average Home Size

1548 ft²

Average Home Age

51.7 years

Currently For Sale

28 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 502 Stillmeadow Drive, Richardson, TX, 75081

$3,950 /mo

  • 5 Beds
  • 3 Baths
  • 2,401 ft²
502 Stillmeadow Drive, Richardson, TX, 75081 Listing by Ofir Bugana

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Mindy Farris, Keller Williams Central
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14259288
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 907 Blue Lake Circle built and last sold?
The property at 907 Blue Lake Circle was built in 1967 and last sold on May 28, 2020 for $187,500.
How much is this home worth?
The estimated value of the home located at 907 Blue Lake Circle is $0.
What are some comparable homes to 907 Blue Lake Circle?
There are currently no comparable homes to 907 Blue Lake Circle.
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