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$399,990

18415 Aspen Downs Ln, Richmond, TX, 77407

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,391 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.29 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,462 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN3536-21-001-0030-907
Lot Number3
SubdivisionGrand Vista Sec 21
Land UseResidential
Legal DescriptionGRAND VISTA SEC 21, BLOCK 1, LOT 3
Census Tract672907
Assessed Land Value$52,962
Assessed Improvement Value$339,409
Assessment Year2025

About this property

Welcome to this beautifully maintained 4-bedroom, 3.5-bath home in the highly desirable Grand Vista community! Designed for both everyday living and entertaining, this home features an impressive family room with soaring ceilings that opens seamlessly to the spacious kitchen, creating a bright and inviting open-concept layout. Upstairs, you'll find a large game room that provides the perfect flex space for a media room and/or playroom. The generous primary suite and well-appointed secondary bedrooms offer plenty of room for family and guests. Step outside to enjoy the covered back patio overlooking a large backyard with no rear neighbors, providing added privacy and a peaceful setting for relaxing or entertaining. Conveniently located near shopping, dining, and major highways this Grand Vista gem offers the space, layout, and location you've been looking for. Schedule your private showing today!

Investor Tools

$183,139Estimated Mortgage Balance
$216,861Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

Ryan Bernardo

Ranco Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$683/month
$1,055/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,195
$392,371
2025
$52,962
$339,409
$392,371
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,195
$392,371

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Loan Servicing Llc
Fha
$202,089
Yes
First
Sep 9, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$183,139
$216,861
54%
46%
$1,212/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,050/mo
$2,267/mo
+$783/mo
9.2%

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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