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$328,618

NAL Estimated Property Value

1302 Via Del Corso Ln, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,778 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.32 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Exterior

Lot Size5,398 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN7222-02-002-0100-901
Lot Number10
SubdivisionSorrento Sec 2
Land UseResidential Single Family Houses
Legal DescriptionSORRENTO SEC 2, BLOCK 2, LOT 10
Census Tract673300
Assessed Land Value$71,000
Assessed Improvement Value$257,618
Assessment Year2025

About this property

Welcome to SORRENTO community nestled in Richmond, TX. This community offers unique FARMHOUSE & TRADITIONAL exteriors with TONS of standard features- Granite or Quartz countertops, 42" painted cabinets with crown molding, stainless steel appliances, smart home technology including wireless security, Amazon Echo Pop & more. Front sod, tankless water heater, and double pane are standard, as well. <<This ONE-STORY GAVIN plan at 1,778 sq ft. features 4 bedrooms, 2 full baths, casual dining, a covered patio & 2 car garage.>> Future amenities in Sorrento will include- a Recreation center with a spacious pool, playscape, picnic area, walking trails & more. Nestled in Richmond just off of FM 359, residents can enjoy nearby Jones Creek Ranch Park, shopping, and dining. Zoned to top-ranking Lamar CISD schools! An AMAZING OPPORTUNITY to live in a beautiful community! Stop by to see this home in person!

Investor Tools

Property Icon
$328,618
Estimated Property Value
$213,225Estimated Mortgage Balance
$115,393Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,972 /month
Positive
Cash Flow Estimate:
$657 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$593/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,473
$328,618
2025
$71,000
$257,618
$328,618
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,473
$328,618

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$221,893
No
First
Mar 29, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,225
$115,393
35%
65%
$1,331/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$1,331/mo
+$1,409/mo
10.0%

City: Richmond

1302 Via Del Corso Ln | Property Details | No Agent List