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$295,457

NAL Estimated Property Value

18207 Morningside Downs Way, Richmond, TX, 77407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,644 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.34 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Gas Oven, Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,268 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN3538-03-002-0020-907
Lot Number2
SubdivisionGrand Vista Lakes Sec 3
Land UseResidential
Legal DescriptionGRAND VISTA LAKES SEC 3, BLOCK 2, LOT 2
Census Tract672907
Assessed Land Value$46,657
Assessed Improvement Value$248,800
Assessment Year2025

About this property

Welcome to this spacious and inviting 3-bedroom, 2-bathroom, 1,644 sqft. home, offering comfort and convenience. The open-concept living area offers ample natural light, making it perfect for entertaining or relaxing. The kitchen features ample cabinet space and modern appliances. Each bedroom is generously sized, with the primary bedroom offering a private en-suite bathroom. Additional highlights include a laundry area, private backyard and driveway, and garage parking. This home is unfurnished, ready for you to make it your own. Refrigerator, washer, and dryer included. Conveniently located near schools, shopping, and major highways.

Investor Tools

Property Icon
$295,457
Estimated Property Value
$0Estimated Mortgage Balance
$295,457Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,773 /month
Positive
Cash Flow Estimate:
$591 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$363/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,877
$295,457
2025
$46,657
$248,800
$295,457
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$2,877
$295,457

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$295,457
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
N/A
+$2,360/mo
9.6%

City: Richmond

18207 Morningside Downs Way | Property Details | No Agent List