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Owner Contacts

$445,000

NAL Estimated Property Value

1614 Chapelwood Ln, Richmond, TX, 77406

Off Market

5 Beds

4 Bath

3,000 Sq Ft

Single Family Residence

$131.67 / sqft

Built in 1983

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 5

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Gas Oven, Microwave, Electric Range, Dishwasher, Dryer, Refrigerator, Washer

FlooringTile, Wood

Exterior

Private Pool

Exterior FeaturesBalcony

Lot Size9,606 sqft

Building Information

Year Built1983

Stories2

Roof Type105

Garage Spaces2

Land Information

APN5740-04-022-0060-901

Lot Number6

SubdivisionPecan Grove Plantation Sec 4

Land UseResidential

Legal DescriptionPECAN GROVE PLANTATION SEC 4, BLOCK 22, LOT 6

Census Tract673600

Assessed Land Value$96,200

Assessed Improvement Value$320,901

Assessment Year2025

About this property

3 story home located in picturesque golf course community of Pecan Grove is an entertainers paradise! 5 Bed/3.5 Bath on a large lot, POOL/hot tub, large covered patio w/ceiling fans & yard space. Large foyer & stairwell greets you w/high ceiling & leads to the formal dining room. The kitchen features undercounter lighting, granite countertops & stainless steel appliances w/a breakfast nook & wet bar w/mini fridge. Owner's suite features a library nook, w/en-suite bathroom: jetted tub, separate shower, his/hers sinks & closets w/built-in cabinets, drawers. Special, unique addition of the 5th bedroom/flex room & spiral staircase to the 3rd floor media room by the seller. Large laundry room w/attached 1/2 bath. Massive covered patio w/skylights & ceiling fans is the perfect addition to your backyard oasis complete w/pool, hot tub, stone waterfall, & green space side yard. Large garage w/extra storage space built above & workshop. Water softener.

Investor Tools

$445,000

Estimated Property Value

$297,543Estimated Mortgage Balance

$147,457Estimated Equity

32% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,670 /month

Positive

Cash Flow Estimate:

$890 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$416/month

$200/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,762

$417,101

2025

$96,200

$320,901

$417,101

Tax History

Year

Tax Paid

Assessed Value

2025

$2,762

$417,101

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Strong Home Mortgage Llc

Conventional

$324,000

First

Jan 5, 2022

Feb 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$297,543

$144,457

32%

67%

$1,943/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,740/mo

$2,143/mo

+$597/mo

7.4%

Learn About the Market: Opportunity in Texas

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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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