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$343,984

NAL Estimated Property Value

1223 Watermoon, Richmond, TX, 77469

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,157 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.12 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size6,507 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2255-01-003-0510-901
Lot Number51
SubdivisionCanyon Lakes At The Brazos Sec 1
Land UseResidential
Legal DescriptionCANYON LAKES AT THE BRAZOS SEC 1, BLOCK 3, LOT 51
Census Tract674604
Assessed Land Value$49,400
Assessed Improvement Value$294,584
Assessment Year2025

About this property

Built by Westin Homes, this gorgeous 1 story has been very well maintained and sits in the gated community of Canyon Lakes at the Brazos. Fresh paint, new hardware & new 2020 water heater are a few of the updates done to this home. The kitchen & family room are both open to allow entertaining or simply enjoy time with the family. Master bedroom sits in the rear of the home and offers enough space for a sitting area. Master bathroom features new light fixtures, new mirrors, stand in shower, soaking tub and huge master closet. Two secondary bedrooms are located in the front of the house just past your private study. Generous in size, they allow for large bedding & furniture. Tile & laminate flooring throughout home. No Carpet! Back yard offers a covered back patio. Fresh sod & top soil has been placed in the front & back of the house to truly bring out the landscaping. This home is priced to sell! Contact me today to schedule your tour!

Investor Tools

Property Icon
$343,984
Estimated Property Value
$207,710Estimated Mortgage Balance
$136,274Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,064 /month
Positive
Cash Flow Estimate:
$688 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$435/month
$939/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,501
$343,984
2025
$49,400
$294,584
$343,984
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,501
$343,984

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Usa Mortgage Inc
Conventional
$233,320
No
First
Sep 28, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,710
$136,274
39%
60%
$1,399/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$2,338/mo
$-558/mo
6.2%

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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1223 Watermoon | Property Details | No Agent List