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$233,000

1709 Lamar Dr, Richmond, TX, 77469

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,746 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.52 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size13,085 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4875-01-002-0140-901
Lot Number14
SubdivisionLaurel Oaks
Land UseResidential
Legal DescriptionLAUREL OAKS, BLOCK 2, LOT 14
Census Tract674800
Assessed Land Value$33,033
Assessed Improvement Value$170,017
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. One of a kind opportunity to purchase a heavily upgraded home on a massive 1/3 acre+ lot in desirable Laurel Oaks. Features include new designer wood tile in entry/living room/study/kitchen(2020), new stacked on fireplace(2020), foundation professionally reinforced with transferable warranty(2020), new level 4 granite in kitchen and bathrooms(2020), new carpet(2020), new leaded glass front door(2020), new hardware/fixtures(2020), new tub(2020), new breaker box(2020), new walk-in shower(2020). Seller will replace driveway/walkway/back patio with new concrete for an additional $10,000. Hurry nothing comparable for this price, and priced under market for quick sale. Won’t last long!

Investor Tools

Property Icon
$233,000
Estimated Property Value
$194,750Estimated Mortgage Balance
$58,577Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,398 /month
Positive
Cash Flow Estimate:
$466 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$317/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,643
$203,050
2025
$33,033
$170,017
$203,050
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,643
$203,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$194,750
No
First
Dec 23, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,423
$65,577
27%
75%
$1,168/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$1,168/mo
+$612/mo
9.2%

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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1709 Lamar Dr | Property Details | No Agent List