$30k Below Tax Value: 3/2 Brick Ranch in Richardson 75081

1229 Larkspur Dr, Richardson, TX 75081

$305,000 After Repair Value -
$275,000 Asking Price -
$0 Cost of Repairs =
$30,000 Potential Profit

Property Details

Asking Price $275,000

After Repair Value $305,000

Costs of Repairs $0

Potential Profit $30,000

Living Area 1381 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 2

Half Bathrooms N/A

Parking 1

Listed with Agent 1

Property Description

Discover instant equity in the heart of Richardson with this classic 1967 brick ranch, listed significantly below the 2024 tax assessment of $312,050. Situated on a generous 7,722 sq. ft. lot directly across from Mark Twain Elementary and the neighborhood park, this home offers an unbeatable location in the 75081 zip code. The spacious 1,381 sq. ft. layout features 3 bedrooms, 2 full baths, a cozy built-in gas fireplace, and a bright attached sunroom leading to a backyard deck. Essential bonuses like the attached garage, natural gas appliances, and included refrigerator, washer, and dryer make this a solid foundation for your investment.Sold strictly \"As-Is,\" this home is priced to reflect the need for cosmetic updates such as new flooring, paint, and light fixtures, offering a blank canvas for your vision. Whether you are an investor seeking your next project or a homeowner ready to build wealth through sweat equity, the potential here is unmatched. With durable brick and vinyl siding already in place and Central Expressway (US-75) just 5 minutes away, this is a rare opportunity to customize a home with excellent bones at an incredible value. Contact 214-876-5999

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