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$436,000

NAL Estimated Property Value

1611 Pecan Branch Drive, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,412 Sq Ft
price_per_sqft$176.2 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size6,600 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN8005-00-001-0200-901
Lot Number20
SubdivisionThe Terrace At Pecan Grove
Land UseResidential
Legal DescriptionTHE TERRACE AT PECAN GROVE, BLOCK 1, LOT 20
Census Tract673600
Assessed Land Value$52,624
Assessed Improvement Value$361,087
Assessment Year2025

About this property

Stunning 1 1/2 story Chesmar design in recently-built section of the Master Planned Pecan Grove! Fantastic open-concept floor plan offers spacious family room w/stately corner fireplace, opening to Chef's kitchen; boasting elegant granite counters & modern SS appliances. Large breakfast bar, light & bright breakfast space, & elegant formal dining for ample seating & entertaining space. All beds downstairs, including Primary Suite w/spa-like en-suite bath; offers dual sinks, garden tub + separate shower & huge walk-in closet. Upstairs game room w/walk-in closet & full bath / optional 4th bedroom Suite. Washer/dryer & kitchen fridge stays! Texas-sized covered patio w/ceiling fan overlooks extended deck, & easy-maintenance backyard w/NO back neighbors. Also features pre-wired alarm, in-ground lawn sprinkler, 2-car garage w/auto-opener, crown molding, upgraded lighting/ceiling fans, custom accent walls, & more. Near Pecan Grove Plantation Country Club w/pool, tennis courts & golf!

Investor Tools

Property Icon
$436,000
Estimated Property Value
$368,323Estimated Mortgage Balance
$67,677Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,616 /month
Positive
Cash Flow Estimate:
$872 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$560/month
$209/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,536
$413,711
2025
$52,624
$361,087
$413,711
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,536
$413,711

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Armed Forces Bank Na
Conventional
$387,125
No
First
Sep 14, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$368,323
$67,677
15%
84%
$2,322/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$2,531/mo
$-411/mo
5.8%

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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