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$178,000

NAL Estimated Property Value

1604 Rocky Falls, Richmond, TX, 77469

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,012 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.22 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher

Exterior

Lot Size4,752 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN1855-00-007-0150-901
Lot Number15
SubdivisionBrazos Terrace
Land UseResidential
Legal DescriptionBRAZOS TERRACE, BLOCK 7, LOT 15
Census Tract674900
Assessed Land Value$41,580
Assessed Improvement Value$83,522
Assessment Year2025

About this property

Built in 1960,Renovated one story with 3 bedrooms and 1 full bath in Richmond , located in a quiet neighborhood , No HOA ,great for investors .Granite counter tops in Kitchen & Bathroom ,new backsplash ,new ceramic flooring , Fridge stays .Property is leased , Tenant is willing to renew lease for another year.. no survey and please verify room dimensions.

Investor Tools

Property Icon
$178,000
Estimated Property Value
$131,350Estimated Mortgage Balance
$46,650Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,068 /month
Positive
Cash Flow Estimate:
$356 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$303/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,751
$125,102
2025
$41,580
$83,522
$125,102
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,751
$125,102

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$142,500
No
First
Mar 17, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,350
$46,650
26%
74%
$855/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$855/mo
+$925/mo
12.0%

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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1604 Rocky Falls | Property Details | No Agent List