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$295,293

1915 Teakwood St, Richmond, TX, 77469

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,444 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.71 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Laminate, Tile, Wood

Exterior

Lot Size7,298 sqft

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces4

Land Information

APN4874-00-002-0130-901
Lot Number13
SubdivisionLaurel Oaks Manor
Land UseResidential
Legal DescriptionLAUREL OAKS MANOR, BLOCK 2, LOT 13
Census Tract674800
Assessed Land Value$24,310
Assessed Improvement Value$270,983
Assessment Year2025

About this property

In the heart of Richmond, Texas, this custom home exudes character, featuring a charming wraparound front porch, two-car garage with carport, & sits on a spacious double lot on a quiet cul-de-sac street. Step inside to a warm wood-floor entry with classic wood staircase. The updated kitchen boasts granite counters, accent tile backsplash, glass cooktop, abundant cabinetry, & flows seamlessly into the den, highlighted by a 100+ yr-old antique fireplace. The primary suite is downstairs with an elongated counter, walk-in shower & generous closet space. Wood floors extend through the kitchen, den & entry, while the primary & upstairs bedrooms feature wood laminate flooring. Upstairs offers three bedrooms, a bonus space, & two full baths. Recent updates include gutters with leaf guard & HardiePlank® exterior upstairs. The home offers abundant storage, plantation shutters across the front, an enclosed back porch, & a sprawling yard with extra side space perfect for relaxing or entertaining.

Investor Tools

Property Icon
$295,293
Estimated Property Value
$220,000Estimated Mortgage Balance
$77,210Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$408/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,425
$295,293
2025
$24,310
$270,983
$295,293
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,425
$295,293

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$220,000
No
First
Nov 5, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,083
$77,210
26%
74%
$1,320/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$1,320/mo
+$460/mo
7.2%

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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1915 Teakwood St | Property Details | No Agent List