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$469,990

1303 Munson Valley Road, Richmond, TX, 77406

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,566 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.16 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher

Exterior

Lot Size10,175 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN4886-02-001-0500-901
Lot Number50
SubdivisionMandola Farms Sec 2
Land UseResidential
Legal DescriptionMANDOLA FARMS SEC 2, BLOCK 1, LOT 50
Census Tract673801
Assessed Land Value$98,358
Assessed Improvement Value$366,461
Assessment Year2025

About this property

Stunning single-story home in the vibrant Mandola Farms community, offering 4 bedrooms and 4 full baths with exceptional design and comfort. A charming brick façade and welcoming front porch set the tone for this beautifully crafted home. Inside, an open-concept layout showcases a spacious family room, elegant dining area, and a gourmet island kitchen complete with granite countertops, designer tile backsplash, abundant cabinetry, and a generous pantry—perfect for entertaining.A private study with French doors provides a refined workspace, while the luxurious primary suite features a bay window and spa-inspired bath with dual vanities, soaking tub, separate shower, and an expansive walk-in closet. A versatile game room adds flexibility for leisure and gatherings.Step outside to a covered patio overlooking a spacious backyard ideal for outdoor living. Residents enjoy access to scenic trails, playgrounds, and splash pads, all conveniently located near Hwy 90 and zoned to Lamar CISD.

Investor Tools

Property Icon
$465,000
Estimated Property Value
$0Estimated Mortgage Balance
$106,787Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,820 /month
Positive
Cash Flow Estimate:
$940 /month

Interested in this property?

Mohammad Khatri

Roots Brokerage

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,045/month
$1,150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,221
$464,819
2025
$98,358
$366,461
$464,819
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,221
$464,819

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Simmons Bank
Commercial
$374,000
No
First
Feb 13, 2024
Feb 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$358,213
$106,787
22%
77%
$2,243/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$3,393/mo
$-653/mo
7.1%

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.

Explore Texas Explore This Area
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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1303 Munson Valley Road | Property Details | No Agent List