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$386,000

18902 Summer Farm Trl, Richmond, TX, 77407

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,262 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.39 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave

Exterior

Lot Size6,296 sqft

Building Information

Year Built2015
Roof Type105
Garage Spaces2

Land Information

APN3536-07-001-0070-907
Lot Number7
SubdivisionGrand Vista Sec 7
Land UseResidential
Legal DescriptionGRAND VISTA SEC 7, BLOCK 1, LOT 7
Census Tract672904
Assessed Land Value$61,760
Assessed Improvement Value$320,311
Assessment Year2025

About this property

Welcome to 18902 Summer Farm TRL. This 1-story, all-brick Taylor Morrison home sits on a quiet cul de sac and is within miles of great shopping and dining experiences such as HEB, Costco, Chick Fil A and more. You can walk to the nearby pool, splash pad, and elementary school and it is within a few minutes drive to WestPark Tollway and Grand Parkway 99. Convenient features of the home include: No back or side neighbor, extended covered patio, smartphone operated lighting in the living and master rooms, and a beautiful HOA-maintained brick fence. Recent renovations include: recent floors, evaporator coils with 10-year transferable parts and labor warranty, new toilets, paint, and landscaping. All this is packaged in a 1.93% property tax rate. Book your showing today!

Investor Tools

Property Icon
$386,000
Estimated Property Value
$319,200Estimated Mortgage Balance
$71,944Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,394 /month
Positive
Cash Flow Estimate:
$798 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$510/month
$945/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,192
$382,071
2025
$61,760
$320,311
$382,071
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,192
$382,071

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$319,200
No
First
Jun 6, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$314,056
$71,944
18%
81%
$1,914/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,050/mo
$2,859/mo
+$191/mo
9.5%

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.

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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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18902 Summer Farm Trl | Property Details | No Agent List