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$292,990

NAL Estimated Property Value

1038 Cardinal Drive, Richwood, TX, 77566

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,702 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.39 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesMicrowave, Dishwasher

Exterior

Lot Size8,468 sqft

Building Information

Year Built2008
Stories1
Roof Type105
Garage Spaces2

Land Information

APN1422-2203-057
Lot Number57
SubdivisionAudubon Woods Ii Phase 2
Land UseResidential
Legal DescriptionAUDUBON WOODS II PHASE 2 (A0066 J E GROCE)(RICHWOOD) BLK 3 LOT 57
Census Tract663700
Assessed Land Value$33,530
Assessed Improvement Value$259,460
Assessment Year2025

About this property

This well-designed home features a split floor plan that offers both privacy and functionality. The kitchen is equipped with solid wood-stained cabinets, abundant storage, and a breakfast bar that opens seamlessly into the living area, making it ideal for everyday living and entertaining. An indoor utility room is conveniently located just off the garage for added convenience. Enjoy outdoor living with covered front and back patios, perfect for relaxing or hosting guests. The backyard includes a storage shed and no back neighbors, providing added privacy and space. Conveniently located with easy access right off FM 2004, making commuting simple.

Investor Tools

Property Icon
$292,990
Estimated Property Value
$163,876Estimated Mortgage Balance
$129,114Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,758 /month
Positive
Cash Flow Estimate:
$586 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$384/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,139
$292,990
2025
$33,530
$259,460
$292,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,139
$292,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Quicken Loans Llc
Conventional
$182,250
No
First
Feb 19, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$163,876
$129,114
44%
56%
$1,093/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: Richwood

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1038 Cardinal Drive | Property Details | No Agent List