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$1,252,000

NAL Estimated Property Value

1015 Williams Lake Dr, Richmond, TX, 77469

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths4,311 Sq Ft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,771 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN4774-01-002-0380-901
Lot Number38
SubdivisionLakes Of Williams Ranch Sec 1
Land UseResidential
Legal DescriptionLAKES OF WILLIAMS RANCH SEC 1, BLOCK 2, LOT 38
Census Tract674604
Assessed Land Value$586,300
Assessed Improvement Value$635,302
Assessment Year2025

About this property

Beautiful waterfront lot in the prestigious estate's section of Lakes of Williams Ranch. Guard gated private luxury community with stunning lakes and walking trails. Design and build your dream home with one of the renowned custom builders or get your custom builder approved. This is the last waterfront lot available in this section of the neighborhood. Enjoy luxury, waterfront living, with easy access to Hwy. 59 and 99, minutes from Sugar Land Town Center and lots of shopping and restaurants. Call today for a showing.

Investor Tools

Property Icon
$1,252,000
Estimated Property Value
$1,882,310Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,512 /month
Positive
Cash Flow Estimate:
$2,504 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,119/month
$3,465/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,166
$1,221,602
2025
$586,300
$635,302
$1,221,602
No

Tax History

Year
Tax Paid
Assessed Value
2025
$19,166
$1,221,602

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Allegiance Bank
Building Or Construction Loan
$1,015,000
No
First
Jun 30, 2022
Jun 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,882,310
N/A
0%
150%
$12,178/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$15,643/mo
$-13,863/mo
1.7%

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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1015 Williams Lake Dr | Property Details | No Agent List