Street View

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Owner Contacts

$487,000

NAL Estimated Property Value

11118 Rainy Canyon Ln, Richmond, TX, 77406

Off Market

3 Beds

3 Bath

2,971 Sq Ft

Single Family Residence

$146.42 / sqft

Built in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Gas Cooktop, Dishwasher

Exterior

Lot Size8,962 sqft

Building Information

Year Built2018

Garage Spaces2

Land Information

APN6770-02-003-0040-901

Lot Number4

SubdivisionSendero Tract Sec 2

Land UseResidential

Legal DescriptionSENDERO TRACT SEC 2, BLOCK 3, LOT 4

Census Tract673403

Assessed Land Value$122,850

Assessed Improvement Value$364,090

Assessment Year2025

About this property

Stunning home w/ hard to find floor plan on a beautifully landscaped lot in Sendero Trail. METICULOUSLY MAINTAINED!! As you are invited in, discover a private study w/ glass French doors offering a quiet retreat for work or study. The gourmet kitchen is a chef's delight featuring stainless steel appliances, gas cooktop, granite countertops, & substantial island perfect for both casual dining & entertaining. Kitchen flows into the spacious dining & living room area & an additional office nook provides space for managing household tasks or homework. Primary suite featuring a large walk-in closet & ensuite bathroom w/ dbl sinks & luxurious walk-in glass shower. Gameroom upsatirs providing ample space for relaxation or movie-watching. Outside discover an enclosed covered patio w/ built-in kitchen ideal for outdoor dining & entertaining year-round. Large backyard offers A private oasis for both relaxation & social gatherings. Conveniently located near shopping, dining, 99, Westpark Tollway.

Investor Tools

$487,000

Estimated Property Value

$813,214Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,922 /month

Positive

Cash Flow Estimate:

$974 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$711/month

$995/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,093

$486,940

2025

$122,850

$364,090

$486,940

Tax History

Year

Tax Paid

Assessed Value

2025

$6,093

$486,940

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Advancial Fcu

Conventional

$417,100

First

Dec 6, 2024

Jan 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$813,214

N/A

167%

$5,002/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,120/mo

$5,997/mo

$-3,877/mo

5.2%

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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