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$299,141

NAL Estimated Property Value

1122 Atlanta Dr, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,806 Sq Ft
price_per_sqft$165.56 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Lot Size6,118 sqft

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3780-12-003-0990-901
Lot Number99
SubdivisionThe Grove Sec 12
Land UseResidential
Legal DescriptionTHE GROVE SEC 12, BLOCK 3, LOT 99
Census Tract673600
Assessed Land Value$45,325
Assessed Improvement Value$253,816
Assessment Year2025

About this property

Charming, fully updated home in the heart of Historic Richmond—minutes from restaurants, shopping, and the Brazos River District. Located on a quiet street, 1122 Atlanta St blends modern finishes with classic character, ideal for first-time buyers, downsizers, or anyone seeking move-in-ready comfort in a growing area. This home features a bright, open floor plan with updated flooring, fresh paint, and a modern kitchen with stylish cabinetry and fixtures. Bedrooms offer generous space and natural light, and the renovated bathrooms provide a clean, upscale feel. Outside, enjoy a large backyard perfect for entertaining, pets, or future additions. The long driveway offers ample parking, and the location provides quick access to US-59 and Grand Parkway 99. With its prime location, updates, and inviting layout, this home is one of the best values in Richmond at this price point. Don’t miss this opportunity—homes in this area move quickly.

Investor Tools

Property Icon
$299,141
Estimated Property Value
$14,110Estimated Mortgage Balance
$285,031Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,795 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
$190/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,835
$299,141
2025
$45,325
$253,816
$299,141
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,835
$299,141

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fidelity One Mtg Inc
N/A
$89,600
N/A
First
Apr 28, 1999
May 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$14,110
$285,031
95%
5%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$190/mo
+$1,930/mo
8.5%

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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1122 Atlanta Dr | Property Details | No Agent List