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$1,150,000

1007 Williams Lake Dr, Richmond, TX, 77469

PendingInfo
Beds3 Beds
Baths4 Bath
Baths3,493 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$329.23 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Outdoor Kitchen
Lot Size7,000 sqft

Building Information

Year Built2013
Roof Type104
Garage Spaces2

Land Information

APN4774-01-002-0360-901
Lot Number36
SubdivisionLakes Of Williams Ranch Sec 1
Land UseResidential
Legal DescriptionLAKES OF WILLIAMS RANCH SEC 1, BLOCK 2, LOT 36
Census Tract674604
Assessed Land Value$533,000
Assessed Improvement Value$762,512
Assessment Year2025

About this property

Luxurious Waterfront Living awaits in this exceptional 1.5-story home, perfectly situated within the exclusive guard-gated community of The Lakes of Williams Ranch. This elegant Mediterranean-inspired home blends timeless architecture and modern sophistication, offering serene waterfront views and refined indoor-outdoor living. Bathed in natural light, the interiors feature top-of-the-line finishes throughout—rich hardwood flooring, custom built-ins, and designer details that elevate every space. The gourmet kitchen showcases premium appliances, a built-in Miele coffee maker, and a thoughtful design for effortless entertaining. A full home generator provides uninterrupted comfort, ensuring every modern convenience is always within reach. Upstairs, a spacious bonus room offers incredible flexibility, ideal as a guest suite, gameroom, or home gym with a kitchenette and balcony. Experience the perfect balance of comfort and sophistication in Fort Bend’s most desirable gated community.

Investor Tools

$548,127Estimated Mortgage Balance
$622,381Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,023 /month
Positive
Cash Flow Estimate:
$2,341 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,168/month
$3,645/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,162
$1,170,508
2025
$533,000
$762,512
$1,295,512
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,162
$1,170,508

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zb Na
Arm (Adjustable Rate Mortgage)
$696,000
No
First
Jun 29, 2017
Jul 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$548,127
$622,381
53%
47%
$2,935/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$6,580/mo
$-4,800/mo
1.8%

Learn About the Market: Opportunity in Texas

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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.

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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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1007 Williams Lake Dr | Property Details | No Agent List