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$249,000

1921 Melody Ln, Richmond, TX, 77406

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,652 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.73 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size37,026 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6680-00-000-0100-901
Lot Number10
SubdivisionPitts S/D
Land UseResidential
Legal DescriptionPITTS S/D, LOT 10, ACRES 0.85
Census Tract673600
Assessed Land Value$54,740
Assessed Improvement Value$166,660
Assessment Year2025

About this property

Rare opportunity to own an oversized .85-acre lot in a highly desirable Richmond location just off Pitts Road! Surrounded by gorgeous mature oak trees, this beautiful property offers a peaceful, spacious setting while still providing convenient access to nearby shopping, dining, schools, and city amenities. The existing home is not currently livable and is being sold as a project property, offering the perfect opportunity to renovate, reimagine, or potentially build new. Properties with this much land in such a convenient location are hard to find—bring your vision and make it your own!

Investor Tools

$0Estimated Mortgage Balance
$261,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,566 /month
Positive
Cash Flow Estimate:
$522 /month

Interested in this property?

Nikki Jackson

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$398/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,474
$221,400
2025
$54,740
$166,660
$221,400
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,474
$221,400

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$261,000
100%
0%
$0/mo

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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1921 Melody Ln | Property Details | No Agent List