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$296,000

NAL Estimated Property Value

18203 Mayfield Meadow Lane, Richmond, TX, 77407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,616 Sq Ft
price_per_sqft$145.41 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher, Refrigerator, Washer
FlooringCarpet, Laminate, Tile

Exterior

Lot Size6,444 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces1

Land Information

APN8110-05-003-0390-907
Lot Number39
SubdivisionTwin Oaks Village Sec 5
Land UseResidential
Legal DescriptionTWIN OAKS VILLAGE SEC 5, BLOCK 3, LOT 39
Census Tract672905
Assessed Land Value$45,760
Assessed Improvement Value$232,012
Assessment Year2025

About this property

Cozy one story home sitting on an oversized corner subdivision lot with a huge backyard. Generously sized Formal Dining upon entry leading to a beautiful open floor plan. Spacious Living Room with a cozy gas Fireplace. Large Gourmet Kitchen with numerous cabinet and counter top space flowing into the Breakfast area. Oversized Owners Suite equipped with a Garden tub/Separate Shower and Double Vanity. Property is within minutes of the Westpark Tollway and very close to several shopping, restaurants and entertainment facilities. Thanks for showing!!

Investor Tools

Property Icon
$296,000
Estimated Property Value
$175,332Estimated Mortgage Balance
$120,668Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,776 /month
Positive
Cash Flow Estimate:
$592 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$245/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,460
$277,772
2025
$45,760
$232,012
$277,772
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,460
$277,772

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$192,000
No
First
Oct 8, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,332
$120,668
40%
59%
$1,152/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$1,702/mo
+$658/mo
9.6%

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.

Explore Texas Explore This Area
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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18203 Mayfield Meadow Lane | Property Details | No Agent List