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$299,990

11127 E Lake Gables Dr, Richmond, TX, 77406

PendingInfo
Beds4 Beds
Baths2 Bath
Baths2,308 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.98 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size6,000 sqft

Building Information

Year Built2010
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2258-02-003-0320-901
Lot Number32
SubdivisionCanyon Springs At Westheimer Lakes Sec 2
Land UseResidential
Legal DescriptionCANYON SPRINGS AT WESTHEIMER LAKES SEC 2, BLOCK 3, LOT 32
Census Tract673402
Assessed Land Value$49,140
Assessed Improvement Value$313,558
Assessment Year2025

About this property

Absolutely beautiful home with great curb appeal located in the highly coveted & gated community of Canyon Springs at Westheimer Lakes! Great open concept floorplan with beautiful tray ceilings in the entry as well as new carpet & paint throughout! The kitchen includes granite counters, center island with breakfast bar, 42" cabinetry, SS appliances & open to the family room. Breakfast area just off the kitchen. Large primary bedroom includes new carpet, vaulted ceilings & sitting area. The primary bath includes his/her sinks, large tub, standup shower & walk-in closet. Spacious guest rooms include walk-in closets and new carpet. The family room includes wood flooring with windows to allow natural light in and open to the kitchen. The formal dining includes wood flooring & vaulted ceilings. Enjoy barbequing on the weekends with friends and family or relaxing after a hard day's work in the great back yard space! A must see!

Investor Tools

$242,202Estimated Mortgage Balance
$99,093Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,048 /month
Positive
Cash Flow Estimate:
$683 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$240/month
$1,050/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,172
$341,295
2025
$49,140
$313,558
$362,698
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,172
$341,295

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Smi Lending Inc
Va
$266,749
Yes
First
Aug 5, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,202
$99,093
29%
71%
$1,600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$2,650/mo
+$90/mo
9.6%

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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11127 E Lake Gables Dr | Property Details | No Agent List