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$490,585

NAL Estimated Property Value

1806 Spreading Bough Ln, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,272 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.11 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Instant Hot Water
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size9,818 sqft

Building Information

Year Built2001
Stories2
Roof Type105
Garage Spaces2

Land Information

APN6536-03-005-0090-901
Lot Number9
SubdivisionPecan Lakes Sec 3
Land UseResidential
Legal DescriptionPECAN LAKES SEC 3, BLOCK 5, LOT 9
Census Tract673401
Assessed Land Value$55,770
Assessed Improvement Value$434,815
Assessment Year2025

About this property

Experience the allure of 1806 Spreading Bough Lane in the sought-after Pecan Lakes subdivision! This elegant 2-story, corner-lot home boasts 4BD and 2.5 BT. The inviting family room, with its central fireplace, flows seamlessly into the kitchen featuring a large island and breakfast bar. Host intimate dinners in the formal dining room. A dedicated home office is ideal for remote work, while the upstairs game room provides a perfect spot for entertainment. The expansive primary bedroom includes a luxurious en-suite bath. The spacious, fenced backyard is perfect for entertaining, showcasing an underground pool with heater and large patio. Recent updates include a new roof (2019), fresh paint and flooring (2022), a slow start AC (2024), a 30 AMP generator quick connect (2024), and an updated irrigation system (2023). Enhanced convenience with additional driveway cement (2023) and updated landscaping. Don’t miss out on this meticulously updated home! Motivated sellers!

Investor Tools

Property Icon
$490,585
Estimated Property Value
$462,780Estimated Mortgage Balance
$27,805Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,944 /month
Positive
Cash Flow Estimate:
$981 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$678/month
$605/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,677
$490,585
2025
$55,770
$434,815
$490,585
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,677
$490,585

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Fha
$476,215
Yes
First
Oct 24, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$462,780
$27,805
5%
94%
$2,856/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$3,461/mo
$-721/mo
6.7%

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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1806 Spreading Bough Ln | Property Details | No Agent List