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$485,900

NAL Estimated Property Value

18619 Orono Ridge Trl, Richmond, TX, 77407

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,468 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.95 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,801 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN3538-02-001-0360-907
Lot Number36
SubdivisionGrand Vista Lakes Sec 2
Land UseResidential
Legal DescriptionGRAND VISTA LAKES SEC 2, BLOCK 1, LOT 36
Census Tract672907
Assessed Land Value$65,572
Assessed Improvement Value$420,328
Assessment Year2025

About this property

Welcome to this stunning 2-story home in the desirable Grand Vista Lakes community of Richmond! This spacious 5-bedroom, 3-bathroom home offers an elegant blend of comfort and style. Step through the grand entrance into a home filled with natural light, thanks to large windows that illuminate the open-concept living area. The living room features soaring ceilings, and the open design allows a seamless flow into the kitchen, which is perfect for entertaining. The kitchen boasts modern appliances, ample counter space, and a view of the spacious backyard and a lake. Upstairs, enjoy stunning views of the living room and entryway, enhancing the home’s airy ambiance. The second floor also includes a media room, perfect for movie nights or gaming. The backyard offers plenty of room for outdoor activities, complete with a lake view for tranquil evenings. This home is ideally located near community amenities, shopping, and dining. Make this Grand Vista Lakes gem your next home!

Investor Tools

Property Icon
$485,900
Estimated Property Value
$282,551Estimated Mortgage Balance
$203,349Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,915 /month
Positive
Cash Flow Estimate:
$972 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$842/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,672
$485,900
2025
$65,572
$420,328
$485,900
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,672
$485,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$310,000
No
First
Sep 16, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,551
$203,349
41%
58%
$1,859/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,050/mo
$1,859/mo
+$1,191/mo
7.5%

City: Richmond

18619 Orono Ridge Trl | Property Details | No Agent List