B+

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Owner Contacts

$366,087

NAL Estimated Property Value

1023 Majestic Oak, Richmond, TX, 77469

Off Market

2 Beds

2 Bath

1,938 Sq Ft

Single Family Residence

$159.96 / sqft

Built in 2012

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Lot Size7,323 sqft

Building Information

Year Built2012

Roof Type105

Garage Spaces2

Land Information

APN2739-01-003-0060-901

Lot Number6

SubdivisionDel Webb Richmond Sec 1

Land UseResidential

Legal DescriptionDEL WEBB RICHMOND SEC 1, BLOCK 3, LOT 6

Census Tract674702

Assessed Land Value$63,050

Assessed Improvement Value$303,037

Assessment Year2025

About this property

Popular Tifton Walk floor plan, 2 bed/2 bath, 3 car tandem garage home with upgraded stone exterior. Hardwood floors greet you upon entry & continue throughout the home. This home makes guests feel at home when you entertain. The open layout: kitchen, living room & dining room space lends itself to socializing, w/gathering areas connected to a cook’s kitchen w/extended granite island, 4 burner gas range, large pantry, stainless steel appliances, & extra space for a coffee bar. Overnight guests enjoy privacy – well-separated, carpeted bedrooms each have private tiled baths. Owners suite features energy saving ceiling fan, an en-suite bathroom w/dual sinks, separate shower & bath upgrade, & a large walk-in closet. In the morning, enjoy a cup of coffee on your private screened in patio with upgraded epoxy flooring & ceiling fan for cooling off. This home is complete w/plantation shutters, sink in laundry room, study, a full irrigation system, 3 car tandem garage w/extra storage space.

Investor Tools

$366,087

Estimated Property Value

$0Estimated Mortgage Balance

$366,087Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,197 /month

Positive

Cash Flow Estimate:

$732 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$631/month

$417/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,744

$366,087

2025

$63,050

$303,037

$366,087

Tax History

Year

Tax Paid

Assessed Value

2025

$5,744

$366,087

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$366,087

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,350/mo

$417/mo

+$933/mo

4.4%

Learn About the Market: Opportunity in Texas

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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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