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$364,900

11307 Lantana Reach Dr, Richmond, TX, 77406

PendingInfo
Beds3 Beds
Baths2 Bath
Baths2,183 Sq Ft
price_per_sqft$167.16 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Water Softener, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesBack Green Space, Side Yard, Sprinkler System
Lot Size10,218 sqft

Building Information

Year Built2014
Roof Type105
Garage Spaces2

Land Information

APN3805-01-001-0230-901
Lot Number23
SubdivisionHorseshoe Ridge At Westheimer Lakes Sec
Land UseResidential
Legal DescriptionHORSESHOE RIDGE AT WESTHEIMER LAKES SEC 1, BLOCK 1, LOT 23
Census Tract673402
Assessed Land Value$57,104
Assessed Improvement Value$308,439
Assessment Year2025

About this property

ORIGINAL OWNER!! TRUE PRIDE OF OWNERSHIP! This lovely one-story home has so much to offer, with raised ceilings throughout. The home is light, bright, and ready to greet you in. The split floor plan offers a nice Primary Suite on the back left corner of the home, with office/fourth bedroom along with two other bedrooms and bath, all up front near the entry. The formal dining area is near the entry on the opposite side, just in front of the huge and open, kitchen and breakfast. The well-appointed kitchen will please any cook, and entertaining will be a breeze with how open it is to the family room as well. The spacious family room offers corner fireplace, tall ceiling and lots of windows to the back yard. DO NOT MISS the unbelievable three car garage and nice utility room and then go outside and take in the fabulous patio and huge lot that come with the cul-de-sac property location. The back and front yard are landscaped beautifully and will great your guest wonderfully. Come see today.

Investor Tools

$197,196Estimated Mortgage Balance
$168,347Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,193 /month
Positive
Cash Flow Estimate:
$731 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$500/month
$971/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,174
$365,543
2025
$57,104
$308,439
$365,543
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,174
$365,543

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$217,600
No
First
Aug 23, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,196
$168,347
46%
54%
$1,305/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$2,276/mo
+$464/mo
9.0%

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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11307 Lantana Reach Dr | Property Details | No Agent List