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$255,240

NAL Estimated Property Value

1807 Mulberry Dr, Richmond, TX, 77469

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,041 Sq Ft
price_per_sqft$117.54 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Gas Range
FlooringLaminate, Tile

Exterior

Lot Size12,047 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5125-00-006-0020-901
Lot Number2
SubdivisionLong Woods
Land UseResidential
Legal DescriptionLONG WOODS, BLOCK 6, LOT 2
Census Tract674800
Assessed Land Value$28,600
Assessed Improvement Value$226,640
Assessment Year2025

About this property

Welcome home to 1807 Mulberry Drive, a 3 bedroom, 2 bathroom house sitting on a large lot in the quiet enclave of Long Woods. This one-story home has a large, fenced backyard and an excellent floorplan that includes a sitting room in the primary suite. This home features brick on all 4 sides, a large patio area off the family room, and detailed cabinetry in the kitchen. Enjoy low taxes, no HOA dues, and a prime location. 1807 Mulberry Drive is less than 4 miles to Brazos Town Center for shopping, less than 4 miles to antique shopping in Rosenberg, and the George Memorial Library is less than 2 miles away. Hop onto nearby Highway 59 or 90 to head into Houston. The home is priced attractively so you can update it as you like. Come see it, today!

Investor Tools

Property Icon
$255,240
Estimated Property Value
$241,536Estimated Mortgage Balance
$13,704Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,531 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,954
$255,240
2025
$28,600
$226,640
$255,240
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,954
$255,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$247,000
No
First
Feb 14, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,536
$23,464
8%
95%
$1,481/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$1,481/mo
+$299/mo
8.4%

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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1807 Mulberry Dr | Property Details | No Agent List