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$498,540

NAL Estimated Property Value

115 Rivercove Lane, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,397 Sq Ft
price_per_sqft$69.37 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Electric Oven
FlooringCarpet, Tile

Exterior

Lot Size12,910 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APN6467-02-001-0040-901
Lot Number4
SubdivisionRivers Edge Sec 2
Land UseResidential
Legal DescriptionRIVERS EDGE SEC 2, BLOCK 1, LOT 4
Census Tract673401
Assessed Land Value$109,337
Assessed Improvement Value$458,945
Assessment Year2025

About this property

Welcome to 115 Rivercove Lane. located in the gorgeous community of Rivers Edge on a peaceful cul-de-sac with no back neighbors and the lake right next to you. This home features 4 bedrooms and 3 1/2 bath with Master Retreat down with new master shower, Tub and Granite counter tops.. New Carpet and fresh paint throughout. This home has high ceiling , tons of windows, stone detailed fireplace and wrought iron staircase. Beautiful kitchen with island, it has plenty of counter space and storage.

Investor Tools

Property Icon
$498,540
Estimated Property Value
$223,578Estimated Mortgage Balance
$274,962Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,991 /month
Positive
Cash Flow Estimate:
$997 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$691/month
$695/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,795
$498,540
2025
$109,337
$458,945
$568,282
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,795
$498,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Fha
$248,270
Yes
First
Nov 5, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,578
$274,962
55%
45%
$1,537/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$2,232/mo
+$508/mo
6.6%

City: Richmond

115 Rivercove Lane | Property Details | No Agent List