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$410,000

NAL Estimated Property Value

12123 Richardson Fort Way, Humble, TX, 77346

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,701 Sq Ft
price_per_sqft$153.65 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesSprinkler System
Lot Size7,536 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN1406620020002
Lot Number2
Land UseResidential
Legal DescriptionLT 2 BLK 2 GROVES SEC 28
Census Tract250408
Assessed Land Value$103,107
Assessed Improvement Value$306,893
Assessment Year2025

About this property

Welcome to this beautifully maintained Chesmar Home, built in 2020! This 2 story 4bed/3bath home sits on an oversized lot in The Groves, with stunning curb appeal! This master planned community offers a variety of luxury amenities including greenbelt trails, swimming pools, multiple parks, fishing ponds and a sports complex! This spacious open floor-plan has many features including high ceilings, crown molding, tile on the first floor, walk in closets in all bedrooms. Gorgeous kitchen with large island, gas range, granite countertops, under cabinet lighting and large walk in pantry. Primary bedroom has two walk in closets, separate tub/shower and vanity with double sinks. Guest bedroom and bathroom also located on the first floor. Huge game room and 2 more bedrooms upstairs. You can relax on the covered back patio and enjoy gorgeous landscape and peace and quiet! Entire home is pre-wired for Cat6 ethernet and security system. Family room is also pre-wired for surround sound.

Investor Tools

Property Icon
$410,000
Estimated Property Value
$378,437Estimated Mortgage Balance
$31,563Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
$291/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,387
$410,000
2025
$103,107
$306,893
$410,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,387
$410,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$402,550
No
First
Feb 6, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$378,437
$31,563
7%
92%
$2,414/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,960/mo
$2,705/mo
+$255/mo
8.7%

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: Humble

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12123 Richardson Fort Way | Property Details | No Agent List