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$305,000

NAL Estimated Property Value

18414 Morningside Downs Way, Richmond, TX, 77407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,446 Sq Ft
Single Family ResidenceSingle Family Residence
Year BuiltBuilt in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Electric Oven
FlooringCarpet, Tile

Exterior

Lot Size6,752 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN3538-03-002-0390-907
Lot Number39
SubdivisionGrand Vista Lakes Sec 3
Land UseResidential
Legal DescriptionGRAND VISTA LAKES SEC 3, BLOCK 2, LOT 39
Census Tract672907
Assessed Land Value$49,179
Assessed Improvement Value$240,605
Assessment Year2025

About this property

Beautiful DR Horton Home. Built in 2018. This home is perfect and ready to move in now. It has 3 bedrooms and 2 full baths. Large backyard with a covered patio. Everything is still new and the house is in beautiful condition. Large dining room and open floor plan. New appliances in the kitchen and granite countertops. Come see it today

Investor Tools

Property Icon
$305,000
Estimated Property Value
$411,121Estimated Mortgage Balance
$305,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$360/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,793
$289,784
2025
$49,179
$240,605
$289,784
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,793
$289,784

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Devon Bank
Purchase Money Mortgage
$449,357
No
First
Nov 10, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$411,121
N/A
0%
135%
$2,695/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$3,195/mo
$-835/mo
9.3%

City: Richmond

18414 Morningside Downs Way | Property Details | No Agent List