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$387,000

NAL Estimated Property Value

11743 Giovanni Ln, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,100 Sq Ft
price_per_sqft$173.81 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size6,895 sqft

Building Information

Year Built2015
Roof Type105
Garage Spaces2

Land Information

APN4777-21-001-0060-901
Lot Number6
SubdivisionLakes Of Bella Terra Sec 21
Land UseResidential
Legal DescriptionLAKES OF BELLA TERRA SEC 21, BLOCK 1, LOT 6
Census Tract673403
Assessed Land Value$57,740
Assessed Improvement Value$315,187
Assessment Year2025

About this property

Lovely one-story home located on quiet cul-de-sac street with no backyard neighbors in desirable Lakes of Bella Terra neighborhood. Home has been well maintained and open floor plan creates easy living space. Split plan has spacious primary bedroom with large master bath/closet on opposite side of home from 2 other bedrooms. Space in primary bedroom for sitting area. Formal dining with wood floors could also be used as secondary living space. Open central hallway is bright and open creating a spacious feel in the home. Living room with gas log fireplace located adjacent to spacious kitchen. Small covered patio is located off breakfast room to enjoy outdoor space. Home painted in neutral tones. Neighborhood boasts hike/bike trails & multiple small parks and playgrounds are scattered throughout development. Located within walking distance of neighborhood elementary school in Lamar Consolidated ISD. Home bricked on 4 sides for easy maintenance. Never flooded & not in flood zone.

Investor Tools

Property Icon
$387,000
Estimated Property Value
$350,073Estimated Mortgage Balance
$36,927Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,322 /month
Positive
Cash Flow Estimate:
$774 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$615/month
$975/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$372,927
2025
$57,740
$315,187
$372,927
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$372,927

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homeward Mortgage Llc
Va
$377,030
Yes
First
Jul 12, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,073
$39,927
10%
90%
$2,261/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$3,236/mo
$-1,116/mo
6.6%

Learn About the Market: Opportunity in Texas

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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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11743 Giovanni Ln | Property Details | No Agent List