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$369,000

1131 Alexandria Ct, Richmond, TX, 77406

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,724 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.46 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Tile

Exterior

Lot Size7,184 sqft

Building Information

Year Built1998
Stories2
Roof Type105
Garage Spaces1

Land Information

APN3780-10-003-0860-901
Lot Number86
SubdivisionThe Grove Sec 10
Land UseResidential
Legal DescriptionTHE GROVE SEC 10, BLOCK 3, LOT 86
Census Tract673600
Assessed Land Value$47,710
Assessed Improvement Value$273,758
Assessment Year2025

About this property

Welcome home to Pecan Grove — one of Richmond's most sought-after communities. This beautifully maintained 4-bed, 3-bath home offers 2,700+ sq ft, built in 1998 and thoughtfully updated. Inside, an open, comfortable floor plan centers around a cozy fireplace, with generously sized bedrooms and living areas that give every member of the house room to spread out. The classic brick exterior and attached garage add curb appeal and everyday convenience, while a composition roof and central air keep the home low-maintenance year-round. Outside, the 7,184 sq ft lot is the perfect size — plenty of room to enjoy. Pecan Grove is known for mature tree-lined streets and strong sense of community, and this home puts you close to it all: zoned to Lamar ISD schools, minutes from shopping and dining at Brazos Town Center, and just a short drive to major highways for an easy commute into Houston. All this with an HOA of just $16/month. Space, location, and value — this one checks every box.

Investor Tools

$237,643Estimated Mortgage Balance
$83,825Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

Interested in this property?

David King

LPT Realty, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$305/month
$214/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,056
$321,468
2025
$47,710
$273,758
$321,468
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,056
$321,468

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Stand Alone First / Home Equity First Lien
$115,500
No
First
Jan 14, 2016
Feb 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,643
$83,825
26%
74%
$1,655/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$1,869/mo
+$871/mo
10.2%

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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