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$483,112

NAL Estimated Property Value

11118 Morningside Lake Ln, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,632 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.27 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Exterior

Lot Size7,417 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN6770-04-002-0120-901
Lot Number12
SubdivisionSendero Tract Sec 4
Land UseResidential
Legal DescriptionSENDERO TRACT SEC 4, BLOCK 2, LOT 12
Census Tract673403
Assessed Land Value$156,000
Assessed Improvement Value$327,112
Assessment Year2025

About this property

Welcome to 11118 Morningside Lake Lane, a pristine waterfront property located in a cul-de-sac in the Sendero subdivision in Richmond, TX. This home features an open floor plan, showcasing stunning lake views and natural light. The kitchen boasts high-end appliances, double oven, granite countertops, and a spacious island that would make any chef envious! The luxurious primary suite offers a spa-like bath and ample closet space. Outdoor living is serene with a landscaped yard and direct waterfront access. Comfort and sophistication blend seamlessly in this gem of a home. Zoned to Lamar Independent School District, this home offers easy access to the city along with ample shopping and entertainment just minutes away! Don't miss this gem of a home—your search ends here!

Investor Tools

Property Icon
$483,112
Estimated Property Value
$0Estimated Mortgage Balance
$483,112Estimated Equity
100% 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
$872/month
$935/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,046
$483,112
2025
$156,000
$327,112
$483,112
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,046
$483,112

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$483,112
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$935/mo
+$1,185/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.

Explore Texas Explore This Area
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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11118 Morningside Lake Ln | Property Details | No Agent List