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$481,766

NAL Estimated Property Value

1022 Majestic Oak, Richmond, TX, 77469

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,763 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.64 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Electric Oven
FlooringCarpet, Tile

Exterior

Lot Size7,600 sqft

Building Information

Year Built2012
Roof Type105
Garage Spaces2

Land Information

APN2739-01-002-0070-901
Lot Number7
SubdivisionDel Webb Richmond Sec 1
Land UseResidential
Legal DescriptionDEL WEBB RICHMOND SEC 1, BLOCK 2, LOT 7
Census Tract674702
Assessed Land Value$65,000
Assessed Improvement Value$416,766
Assessment Year2025

About this property

BEST VALUE IN DEL WEBB! A Morningside floor plan includes 3 bedrooms & 3 1/2 bathrooms. A great home for entertaining & to host visitors. The kitchen with granite countertops & a very large walk-in pantry is open to the living area which includes a tray ceiling & gas log fireplace. Makes the home nice and toasty during the cold weather spells. All three bedrooms are large with private bathrooms. The private screened-in patio is a great place to enjoy that morning coffee and the cool breezes of the Texas evenings. The back yard is quite compact & ideal for those buyers who do not want a lot of yard to maintain. As you enter the home through the front door there is an office/study on the left and a formal dining room on the right. Ideal for those dinner parties and holiday meals. The over-sized garage provides plenty of room for storage. Enjoy Del Webb's 55+ amenities : Fitness Center, 2 pools, 2 tennis courts, 4 pickleball courts, bocce ball, putting green & many social activities.

Investor Tools

Property Icon
$481,766
Estimated Property Value
$211,859Estimated Mortgage Balance
$269,907Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,891 /month
Positive
Cash Flow Estimate:
$964 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$457/month
$520/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,073
$481,766
2025
$65,000
$416,766
$481,766
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,073
$481,766

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Conventional
$232,000
No
First
Oct 26, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,859
$269,907
56%
44%
$1,391/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$1,911/mo
$-131/mo
4.4%

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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1022 Majestic Oak | Property Details | No Agent List