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$340,000

11307 Sandermeyer Dr, Richmond, TX, 77406

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,082 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.3 / sqft
Year BuiltBuilt in 2006

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, Electric Oven, Microwave, Electric Range, Dishwasher, Dryer, Washer
FlooringLaminate, Tile

Exterior

Lot Size7,277 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2258-01-002-0150-901
Lot Number15
SubdivisionCanyon Springs At Westheimer Lakes Sec 1
Land UseResidential
Legal DescriptionCANYON SPRINGS AT WESTHEIMER LAKES SEC 1, BLOCK 2, LOT 15
Census Tract673402
Assessed Land Value$56,871
Assessed Improvement Value$276,957
Assessment Year2025

About this property

Beautiful home on quiet cul de sac with lakeview in gated section of Westheimer Lakes South. Home is zoned to all three brand new Lamar schools due to open Fall 2026. The home features an open concept huge living area which is directly open to the kitchen with a granite breakfast bar that seats up to six. The many updates include roof in 2021, A/C 2019, water heater 2022, no carpet in entire home that features tile and laminate floors for easy care. Primary suite has a jetted tub and walk in closet. There is a Formal Dining room with crown molding and a computer desk area right off the large Kitchen. Washer/Dryer are included with the sale. Neighborhood features splash pad, swimming pool, basketball and pickle ball courts, and LOW TAXES.

Investor Tools

Property Icon
$324,018
Estimated Property Value
$164,500Estimated Mortgage Balance
$207,512Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

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Better Homes and Gardens Real Estate Gary Greene - Katy

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$529/month
$1,150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$324,018
2025
$56,871
$276,957
$333,828
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$324,018

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wr Starkey Mortgage Llp
Va
$164,500
Yes
First
Aug 30, 2013
Sep 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$116,506
$207,512
64%
36%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,150/mo
+$970/mo
7.9%

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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11307 Sandermeyer Dr | Property Details | No Agent List