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$476,274

NAL Estimated Property Value

10510 Rigel Ridge Way, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,560 Sq Ft
price_per_sqft$181.64 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Water Softener, Convection Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringWood

Exterior

Lot Size6,605 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN2230-07-004-0370-901
Lot Number37
SubdivisionCandela Sec 7
Land UseResidential
Legal DescriptionCANDELA SEC 7, BLOCK 4, LOT 37
Census Tract673402
Assessed Land Value$97,500
Assessed Improvement Value$378,774
Assessment Year2025

About this property

Welcome to your new home! This impressive one-story residence in the highly desired Candela community is ready for you. As you enter, you will notice a stunning grand entry with high ceilings and beautiful wooden flooring throughout. To your left, there are two bedrooms with a Jack and Jill bathroom and a third room that can be used as a study or as a fourth bedroom. As you walk into the main area, your eyes will be drawn to the chef's kitchen, featuring beautiful granite countertops and stainless-steel appliances, with a huge center island designed with the holidays in mind. Continuing into the living room, you will see a new electric fireplace, ideal for cozy movie nights. Outside, there is a perfect Texas patio with two ceiling fans, great for grilling up BBQ for the weekend game. After a long day, retreat to your primary suite, with a spacious walk-in closet and a huge freestanding tub. It won’t last long, so schedule your private tour today and see it for yourself!

Investor Tools

Property Icon
$476,274
Estimated Property Value
$296,254Estimated Mortgage Balance
$180,020Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,858 /month
Positive
Cash Flow Estimate:
$953 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$692/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,925
$476,274
2025
$97,500
$378,774
$476,274
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,925
$476,274

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmc Home Lending
Conventional
$317,923
No
First
Sep 15, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,254
$180,020
37%
62%
$1,907/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$2,657/mo
$-537/mo
5.3%

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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10510 Rigel Ridge Way | Property Details | No Agent List