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$382,000

NAL Estimated Property Value

1307 Morton League Rd, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,325 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.43 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Electric Range, Electric Oven
FlooringLaminate, Tile

Exterior

Lot Size13,825 sqft

Building Information

Year Built1981
Stories2
Roof Type105
Garage Spaces2

Land Information

APN5740-02-002-0040-901
Lot Number4
SubdivisionPecan Grove Plantation Sec 2
Land UseResidential
Legal DescriptionPECAN GROVE PLANTATION SEC 2, BLOCK 2, LOT 4
Census Tract673600
Assessed Land Value$110,630
Assessed Improvement Value$250,642
Assessment Year2025

About this property

If you are looking for a great home with a fun pool this is it! Pool new palster, mastic & pool filter 5/2025. Updated with paint, wood look tile flooring, top of the line granite countertops, stainless appliances, pool with waterfall/cave and slide diving rock, tanning ledge and several swim outs! landscaping, some double pane windows, updated fixtures & hardware. Two large pecan trees that have produced pecans in the past, large lot with plenty of room. Backyard is made for entertaining with a large patio for cookouts and family gatherings. Roof replacement 2025, Fence mostly replaced, recent landscaping. Pecan Grove club has a workout facility, tennis courts and a pool available for $150 a year for homeowners. There is an area that could possibly be used for a boat or trailer storage. Owner is a real estate broker in the state of Texas. New pool cleaner to be added

Investor Tools

Property Icon
$382,000
Estimated Property Value
$0Estimated Mortgage Balance
$382,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,489 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$632/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,668
$361,272
2025
$110,630
$250,642
$361,272
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,668
$361,272

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$388,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$250/mo
+$2,490/mo
8.6%

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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1307 Morton League Rd | Property Details | No Agent List