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$940,000

NAL Estimated Property Value

1602 Urban Harvest Drive, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,683 Sq Ft
price_per_sqft$257.94 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Water Softener, Wine Refrigerator, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator, Water Purifier
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size13,850 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN3801-28-003-0100-907
Lot Number10
SubdivisionHarvest Green Sec 28
Land UseResidential
Legal DescriptionHARVEST GREEN SEC 28, BLOCK 3, LOT 10
Census Tract673501
Assessed Land Value$125,580
Assessed Improvement Value$747,795
Assessment Year2025

About this property

Introducing a stunning property in Harvest Green! Single-Family Smart Home that boasts 4 bedrooms, 4.5 bath. Oversized glass sliding doors lead to the huge, covered patio. Built in 2020, this modern residence sits on a spacious lot overlooking the Lake. This home offers a perfect blend of sophistication and comfort. Upgrades include: Luxurious Pool with and Infinity Spa, Water Softener, Reverse Osmosis Filter, "Lux" 4 Camera System, Bose Surround Sound System, Workstation in the Garage & Ring Doorbell. Pool Upgrades include: 3" Plumbing, Phone Controlled Pool Lighting System, Deck Jet Streamers, Heating Pool Equipment, 360-degree Infinity Spa and a pre-built Fireplace Stub out slab. Outdoor Kitchen Upgrades include: Outdoor Sink, 40" Natural Gas Grill, Outdoor Refrigerator and Wine Seller. Subdivision amenities include: Community Edible Farm, Dog Park, Fitness Center including Classes, Personal Training, Studio Room, Events, Pools & Tennis Courts. Come see this exquisite property!

Investor Tools

Property Icon
$940,000
Estimated Property Value
$418,262Estimated Mortgage Balance
$521,738Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,204/month
$1,271/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,742
$804,721
2025
$125,580
$747,795
$873,375
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,742
$804,721

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lendsure Mortgage Corp
Conventional
$471,750
No
First
Aug 31, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$418,262
$521,738
55%
44%
$2,829/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$4,100/mo
$-1,360/mo
3.5%

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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