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$408,000

1618 Quarterpath Drive, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,857 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$92.75 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Electric Cooktop, Double Oven, Electric Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size9,164 sqft

Building Information

Year Built1983
Stories2
Roof Type105
Garage Spaces3

Land Information

APN5740-04-024-0170-901
Lot Number17
SubdivisionPecan Grove Plantation Sec 4
Land UseResidential
Legal DescriptionPECAN GROVE PLANTATION SEC 4, BLOCK 24, LOT 17
Census Tract673600
Assessed Land Value$91,390
Assessed Improvement Value$289,729
Assessment Year2025

About this property

PECAN GROVE PLANTATION home is currently seeking THE perfect buyer. This well-maintained 4BR/3.5BATH/2.CAR DETACHED GARAGE home has been loved by its owners of 20 years with them taking care of the major expenses for you. Your gorgeous two-story 2900 square foot home encompasses the charm that only can be found in classic builds such as this one. Just some of the timeless features include a stunning spiral staircase and dramatic foyer upon entry, wood flooring throughout the bottom floor and downstairs master bedroom (2017), intricate wood paneling, built-ins, and crown molding in the dining, living room, and study PLUS a wet bar. Each bedroom includes Texas sized space and closets, fans, and faux blinds. Sellers have also replaced the roof (2014), downstairs AC (2014), upstairs AC (2015), water heater (2015), exterior paint (2019), and downstairs neutral paint (2017). ADDED BONUS: Two stand-up attics and attic in the garage for storage, sprinkler, alarm system, and NEVER FLOODED!

Investor Tools

Property Icon
$408,000
Estimated Property Value
$0Estimated Mortgage Balance
$220,813Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,448 /month
Positive
Cash Flow Estimate:
$816 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$508/month
$190/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,052
$381,119
2025
$91,390
$289,729
$381,119
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,052
$381,119

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Top Flite Financial Inc
Conventional
$211,996
No
First
May 13, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,187
$220,813
54%
46%
$1,272/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$1,462/mo
+$1,278/mo
8.1%

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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1618 Quarterpath Drive | Property Details | No Agent List