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$575,000

NAL Estimated Property Value

11 Castle Terrace Lane, Richmond, TX, 77469

Off MarketInfo
Baths0 Bath

About this property

Nestled in the heart of a luxury custom home community, this exquisite 1/2-acre lot is a rare opportunity for buyers wishing to design and build their dream home—the perfect blank canvas to all within a guard-gated community. With the freedom to choose from a collection of award-winning custom home builders, future homeowners will experience a seamless design and construction process, guided every step of the way. Each builder is committed to handcrafting every detail to perfection, ensuring a custom-built masterpiece that matches one's unique vision. This lot presents an opportunity to create an oasis, whether a sprawling estate or a modern retreat. With ample space to design and build one's dream home, there is plenty of room for outdoor living and entertainment areas, a pool, and luxurious landscaping. Located within close proximity to shopping centers, restaurants, and top-rated schools, this lot truly encapsulates luxury living at its finest.

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0% equity
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$3,465/month
5.947%

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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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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11 Castle Terrace Lane | Property Details | No Agent List