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$325,061

1002 Albany Ct, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,140 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher
FlooringSlate, Tile, Wood

Exterior

Lot Size8,824 sqft

Building Information

Year Built1993
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3780-12-004-0190-901
Lot Number19
SubdivisionThe Grove Sec 12
Land UseResidential
Legal DescriptionTHE GROVE SEC 12, BLOCK 4, LOT 19
Census Tract673600
Assessed Land Value$60,353
Assessed Improvement Value$264,708
Assessment Year2025

About this property

Welcome home to this extremely unique gem, nestled in The Grove, on an oversized, picturesque, cul-de-sac lot! Sitting at 2,140sf, this amazing home boasts unbeatable greenery views from every window! Upon entering the home, you’ll be greeted by the soaring ceilings & abundant natural light. The second floor features an open loft space, three full bedrooms, & two full bathrooms. Walking out to the backyard, you’ll immediately notice the peaceful energy & private feel that this one-of-a-kind lot offers! Not only has the home been meticulously cared for, but it also includes upgrades like wood/slate flooring, renovated kitchen & bathrooms w/ Granite countertops, extended back patio w/ 8 ft fence & no back/side neighbors, plantation shutters, Root Shield, Kinetico water softening/filtration system, & much more! See Upgrades doc for full list! *Foundation was repaired & there is a lifetime warranty. DO NOT MISS OUT ON THIS ONE!!

Investor Tools

Property Icon
$325,061
Estimated Property Value
$336,300Estimated Mortgage Balance
$847Estimated Equity
-3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,119 /month
Positive
Cash Flow Estimate:
$706 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
$315/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,147
$325,061
2025
$60,353
$264,708
$325,061
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,147
$325,061

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$336,300
No
First
May 29, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,214
$847
0%
100%
$2,017/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$2,332/mo
$-212/mo
7.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Richmond

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1002 Albany Ct | Property Details | No Agent List