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$487,400

NAL Estimated Property Value

12006 Papaveri St, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,676 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.74 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Range, Electric Oven, ENERGY STAR Qualified Appliances
FlooringCarpet, Concrete, Tile

Exterior

Lot Size7,372 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN4777-30-001-0230-901
Lot Number23
SubdivisionLakes Of Bella Terra Sec 30
Land UseResidential
Legal DescriptionLAKES OF BELLA TERRA SEC 30, BLOCK 1, LOT 23
Census Tract673403
Assessed Land Value$88,725
Assessed Improvement Value$398,675
Assessment Year2025

About this property

Private front wrought iron courtyard,Study With High Ceilings. Gorgeous ceramic tile elongated wood floors throughout. Large kitchen w/oversized breakfast island, extra cabinet space, white quartz countertops, tiled kitchen backsplash, formal dining area w/ high ceilings. 20' ceilings in Greatroom w/high window glass. Vaulted Covered patio area w/gas stub out for outdoor kitchen. Stunning master bath w/ dual sinks, large shower, free standing tub. Upstairs game room with Juliet Balcony.

Investor Tools

Property Icon
$487,400
Estimated Property Value
$310,357Estimated Mortgage Balance
$177,043Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,924 /month
Positive
Cash Flow Estimate:
$975 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$711/month
$2,360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,101
$487,400
2025
$88,725
$398,675
$487,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,101
$487,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Schlumberger Employees Cu
Conventional
$326,200
No
First
Sep 8, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$310,357
$177,043
36%
64%
$1,956/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$4,316/mo
$-1,576/mo
6.7%

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.

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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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12006 Papaveri St | Property Details | No Agent List