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$485,000

NAL Estimated Property Value

1022 Riverchase Dr, Richmond, TX, 77469

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,773 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$128.54 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,821 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APN2255-02-003-0220-901
Lot Number22
SubdivisionCanyon Lakes At The Brazos Sec 2
Land UseResidential
Legal DescriptionCANYON LAKES AT THE BRAZOS SEC 2, BLOCK 3, LOT 22
Census Tract674604
Assessed Land Value$49,400
Assessed Improvement Value$415,300
Assessment Year2025

About this property

This luxurious two-story home located in the gated community. The house boasts 5 beds 3.5 baths, providing ample living space for families. Impressive foyer with high ceilings that lead to a spacious living area with ample natural light streaming in through large windows. The living area is adorned with beautiful engineering hardwood floors, a cozy fireplace, and elegant crown molding. Gourmet kitchen. Featuring granite countertops, ample storage space, a central island, and high-end ssl appliances. The master bedroom is located on the first floor and features a large walk-in closet, dual sinks, and a separate shower. In addition to the bedrooms, the house also includes an office and game room, offering residents a high-quality work and entertainment experience. The backyard is spacious and no back door neighbor. Property is in a good school district, easy access to shopping and restaurants. Fresh paint throughout the house. New roof in 2022, new water heaters in 2023. Never flooded!

Investor Tools

Property Icon
$485,000
Estimated Property Value
$416,400Estimated Mortgage Balance
$68,600Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$631/month
$1,036/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,149
$464,700
2025
$49,400
$415,300
$464,700
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,149
$464,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$427,146
Yes
First
Dec 24, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$416,400
$67,600
13%
86%
$2,561/mo

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 Riverchase Dr | Property Details | No Agent List