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$360,999

NAL Estimated Property Value

18214 Banfield Summit Court, Richmond, TX, 77407

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,838 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.03 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Microwave, Gas Cooktop, Gas Range, Dishwasher, Cooktop
FlooringBrick, Vinyl

Exterior

Lot Size6,961 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN4757-02-002-0240-907
Lot Number24
SubdivisionLakeview Retreat Sec 2
Land UseResidential
Legal DescriptionLAKEVIEW RETREAT SEC 2, BLOCK 2, LOT 24
Census Tract672907
Assessed Land Value$53,235
Assessed Improvement Value$307,764
Assessment Year2025

About this property

Welcome to your meticulously maintained 4-bed, 2-bath home in a vibrant new community! Retreat to the private primary suite, complete with a luxurious en-suite bathroom and generous closet space, providing a serene oasis to unwind after a long day. Three additional bedrooms offer versatility for guests, home offices, or hobbies, ensuring everyone has their own space to call their own. Convenience is key in this prime location, with easy access to major thoroughfares such as the Westpark Tollway for a seamless commute to downtown and beyond. Indulge in a culinary adventure with an array of dining options nearby, including the renowned Bellaire China Town, Katy Asian Town, and Sugar Land. Plus, anticipate the convenience of an upcoming Costco for all your shopping needs. Experience modern living at its finest – schedule your showing today!

Investor Tools

Property Icon
$360,999
Estimated Property Value
$215,066Estimated Mortgage Balance
$145,933Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,250 /month
Positive
Cash Flow Estimate:
$750 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$625/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,700
$360,999
2025
$53,235
$307,764
$360,999
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,700
$360,999

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$244,479
Yes
First
Aug 16, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,066
$145,933
40%
60%
$1,492/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,050/mo
$2,442/mo
+$608/mo
10.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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18214 Banfield Summit Court | Property Details | No Agent List