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$295,000

16939 Midnight Sun Ln, Richmond, TX, 77407

PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,667 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.61 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size5,945 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces1

Land Information

APN9556-01-003-0160-907
Lot Number16
SubdivisionWithers Ridge Sec 1
Land UseResidential
Legal DescriptionWITHERS RIDGE SEC 1, BLOCK 3, LOT 16
Census Tract672904
Assessed Land Value$45,500
Assessed Improvement Value$268,966
Assessment Year2025

About this property

Beautiful two-story brick home located in the desirable Withers Ridge subdivision of Richmond. Features a front brick elevation, luscious landscaping, and inviting curb appeal. Upon entry, you are greeted by the living area with a gourmet kitchen, large living room, front room, and dedicated dining area offering plenty of living space. The primary suite features windows, carpet, and an entrance to a luxury bathroom with tile flooring, garden tub, glass-encased shower, and a large walk-in closet. Upstairs are spacious bedrooms to retreat to after a long day & a gigantic game room for time together! Big backyard with covered patio to enjoy gatherings with family or friends, relaxing or having a BBQ. Conveniently located near FM 1464, major highways, shopping, dining, and top-rated schools.

Investor Tools

$80,505Estimated Mortgage Balance
$233,961Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,887 /month
Positive
Cash Flow Estimate:
$629 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$397/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,189
$314,466
2025
$45,500
$268,966
$314,466
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,189
$314,466

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fieldstone Mortgage Co
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$143,181
No
First
Dec 30, 2005
Jan 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$80,505
$233,961
74%
26%
$992/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,050/mo
$1,317/mo
+$1,733/mo
11.6%

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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