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$391,790

NAL Estimated Property Value

1218 W Richard Ave, Kingsville, TX, 78363

SoldInfo
7/22/26
Beds3 Beds
Baths2 Bath
Baths3,142 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.12 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesFree Standing Range
FlooringTile

Exterior

Exterior FeaturesPatio, Rain Gutters
Lot Size27,822 sqft

Building Information

Year Built1955
Garage Spaces2

Land Information

APN13780
Lot Number8,9
Land UseResidential
Legal DescriptionSUNSET 2, LOT 8, 9
Census Tract020302
Assessed Land Value$34,930
Assessed Improvement Value$356,860
Assessment Year2025

About this property

Welcome to this fully updated property offering modern upgrades, flexible living space, and endless possibilities for homeowners, investors, or those needing room for boats, RVs, equipment, or hobbies. From top to bottom, nearly every detail has been renovated, including the roof, plumbing, HVAC, sheetrock, paint, flooring, water heater, pantry, and ceiling fans. The beautifully remodeled kitchen and bathrooms feature custom cabinetry, granite countertops, and stylish finishes throughout. The spacious primary suite offers walk-in closets, double vanities, elegant glass shower doors with a rain shower head, and a relaxing water jet tub for a spa-like retreat at home. The open-concept floorplan creates an ideal space for entertaining, gatherings, and everyday living. A standout feature is the additional living quarters under the same roof, complete with its own living room, kitchen, pantry, bedroom, bathroom, and mini-split AC system—perfect for multi-occupant living, guest accommodations, or income-producing rental potential. Outside, the property continues to impress with an attached storage room/workshop, additional covered and open areas for heavy machinery, boat storage, RV parking, or future shop space. The large, fenced backyard offers room to relax, entertain, or expand. Bonus elevated game room/gathering space creates the perfect setup for entertaining on game days or hosting holidays. And there’s more the expansive lot that is included, offers incredible opportunity for expansion, investment, additional parking, or future development. Conveniently located near NAS Kingsville, Texas A&M University-Kingsville, King Ranch, shopping, dining, and area amenities, this property combines space, versatility, and location in one exceptional package. The possibilities are truly boundless with this move-in ready property packed with upgrades, storage, income potential, and room to grow.

Investor Tools

Property Icon
$391,790
Estimated Property Value
$334,644Estimated Mortgage Balance
$58,310Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,351 /month
Positive
Cash Flow Estimate:
$784 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$449/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,434
$391,790
2025
$34,930
$356,860
$391,790
No

Tax History

Year
Tax Paid
Assessed Value
2022
$3,434
$391,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Community Bank (Lexington)
Va
$355,348
Yes
First
Mar 29, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$334,644
$57,146
14%
85%
$2,131/mo

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: Kingsville

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1218 W Richard Ave | Property Details | No Agent List