19Days on Market

1view

$469,500

11918 Papaveri St, Richmond, TX, 77406

On Market

4 Beds

3 Bath

2,655 Sq Ft

Single Family Residence

$176.84 / sqft

Built in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Lot Size7,150 sqft

Building Information

Year Built2020

Garage Spaces2

Land Information

APN4777-30-001-0170-901

Lot Number17

SubdivisionLakes Of Bella Terra Sec 30

Land UseResidential

Legal DescriptionLAKES OF BELLA TERRA SEC 30, BLOCK 1, LOT 17

Census Tract673403

Assessed Land Value$88,725

Assessed Improvement Value$350,422

Assessment Year2025

About this property

Gated Luxury meets Masterpiece Design. Tucked away in the GATED Bella Cortile section of Lakes of Bella Terra, stunning 2-story David Powers Masterpiece home sits on a CUL-DE-SAC street. Inside, premium upgrades take center stage: engineered HARDWOOD FLOORS throughout most of the downstairs, designer tile & high ceilings. The kitchen features sleek quartz countertops, oversized island with seating, 5 burner gas cooktop, under cabinet lighting & high-end BOSCH stainless steel appliances. Generous primary suite with SHUTTERS, shower with a bench & a spacious WALK-IN CLOSET. Upstairs gameroom & 3 secondary bedrooms (one with an ensuite bath). 2 WALK-IN ATTICS. This home is anchored with Trane HVAC units, LED lighting, two 40-gallon water heaters & Kohler fixtures. The HOA MAINTAINS THE FRONT YARD! Covered back patio (which gets the afternoon shade) is ready for your OUTDOOR KITCHEN...plumbed with gas & water connections. Large backyard. Easy access to the Westpark Tollway & Grand Parkway.

Investor Tools

$0Estimated Mortgage Balance

$452,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,817 /month

Positive

Cash Flow Estimate:

$939 /month

Interested in this property?

Jay Thieme

RE/MAX Cinco Ranch

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$633/month

$2,992/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,338

$439,147

2025

$88,725

$350,422

$439,147

Tax History

Year

Tax Paid

Assessed Value

2025

$5,338

$439,147

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$480,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,740/mo

$2,992/mo

$-252/mo

7.3%

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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