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B+
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$398,881

1602 Rock Fence Dr, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,482 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.12 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size10,890 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5740-04-021-0070-901
Lot Number7
SubdivisionPecan Grove Plantation Sec 4
Land UseResidential
Legal DescriptionPECAN GROVE PLANTATION SEC 4, BLOCK 21, LOT 7
Census Tract673600
Assessed Land Value$96,200
Assessed Improvement Value$302,681
Assessment Year2025

About this property

This one checks all the boxes—style, substance, & location. Nestled in the heart of Pecan Grove, this elegant one-story offers 3 bedrooms, plus dedicated study with richly crafted wood walls & cabinetry & a showstopping backyard retreat with pool & covered patio. Inside, travertine floors flow through the main living areas, while a wood-accented ceiling adds warmth & character to the adjacent flex room. The gourmet kitchen features high-end granite countertops, custom cabinetry, and thoughtful design for both everyday living & entertaining. The luxurious primary suite includes a spa-like bath with dual vanities, walk-in shower with block glass. Other notables include: a formal dining room, spacious laundry with powder bath, & undeniable curb appeal - further elevating this Richmond gem. Professionally landscaped and beautifully maintained, this home is truly move-in ready. Major updates include Hardie Plank siding (2023), HVAC (2023), & water heater (2025). Incredible opportunity!

Investor Tools

Property Icon
$398,881
Estimated Property Value
$296,450Estimated Mortgage Balance
$105,888Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,393 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$330/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,965
$398,881
2025
$96,200
$302,681
$398,881
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,965
$398,881

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Dow Employees Cu
Conventional
$296,450
No
First
Sep 8, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,993
$105,888
26%
73%
$1,778/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$2,028/mo
+$92/mo
6.4%

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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1602 Rock Fence Dr | Property Details | No Agent List