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$458,000

NAL Estimated Property Value

1506 Munson Valley Rd, Richmond, TX, 77406

$487,204 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,698 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.74 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Dryer, Washer, Dishwasher

Exterior

Lot Size8,743 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN4886-01-003-0140-901
Lot Number14
SubdivisionMandola Farms Sec 1
Land UseResidential Single Family Houses
Legal DescriptionMANDOLA FARMS SEC 1, BLOCK 3, LOT 14, (10% IN SM106)
Census Tract673801
Assessed Land Value$92,950
Assessed Improvement Value$355,165
Assessment Year2025

About this property

Beautiful newly constructed home. Open concept home with high ceilings and lots of natural lighting, 3 bedrooms and 3 bathrooms. Home includes study room, game room, media room and a 3 car attached garage. Kitchen has granite counters, fridge and oven/stove/range, washer and dryer are also included. Lots of upgrades included throughout the house, including the premium exterior brick with premium white mortar all around the house and upgraded tiles. Separate back entry and walkway added as well. Not shown in the pictures (or 3D tour) is the second kitchen in the game room and the custom door added to the back of the house. Conveniently located right off of Hwy 90A. Zoned to a sought after school district. ****Landlord will reside in the back part of the home and will occupy the 4th bedroom and kitchen, which are adjacent.

Investor Tools

Property Icon
$458,000
Estimated Property Value
$0Estimated Mortgage Balance
$458,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$487,203
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,748 /month
Positive
Cash Flow Estimate:
$916 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$588/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,764
$448,115
2025
$92,950
$355,165
$448,115
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,764
$448,115

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$466,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
N/A
+$2,740/mo
7.2%

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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1506 Munson Valley Rd | Property Details | No Agent List