Street View

2view

Owner Contacts

$340,000

NAL Estimated Property Value

1922 Old Dixie Dr, Richmond, TX, 77406

Off Market

4 Beds

3 Bath

2,105 Sq Ft

$166.27 / sqft

Built in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Lot Size8,267 sqft

Building Information

Year Built1984

Stories2

Roof Type105

Garage Spaces2

Land Information

APN3780-06-003-0230-907

Lot Number23

SubdivisionThe Grove Sec 6

Land UseResidential

Legal DescriptionTHE GROVE SEC 6, BLOCK 3, LOT 23

Census Tract673502

Assessed Land Value$42,608

Assessed Improvement Value$200,778

Assessment Year2025

About this property

Looking for your own slice of paradise? This 4-bed, 2.5-bath beauty offers the perfect balance of peaceful living & fun entertaining. Imagine your people gathered on the oversized deck overlooking the serene Bullhead Bayou—sunset views, laughter, & no back neighbors. Step inside to wood flooring that flows throughout the 1st floor. The flex room downstairs is ideal for an office or a playroom. You will ADORE the completely renovated kitchen with walk-in pantry & custom shelving. Upstairs you’ll find 3 bedrooms, each with walk-in closets & a fully updated bathroom. This home has been lovingly maintained: New carpet upstairs - 2025; Both bathrooms completely renovated - 2024; Kitchen cabinets, counters & pantry - 2020; Roof replaced - 2021; Foundation leveled with lifetime warranty; HVAC - 2014; Epoxy-coated garage floor; New microwave + electric range - 2018. No flooding. Friendly neighbors. Zoned to top-rated schools. Minutes to shopping & dining. You'll want to see this one in person!

Investor Tools

$340,000

Estimated Property Value

$449,670Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,100 /month

Positive

Cash Flow Estimate:

$700 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$301/month

$300/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,914

$243,386

2025

$42,608

$200,778

$243,386

Tax History

Year

Tax Paid

Assessed Value

2025

$1,914

$243,386

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Frost Bank

Building Or Construction Loan

$81,279

First

Mar 28, 2024

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$449,670

N/A

132%

$2,733/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,120/mo

$3,033/mo

$-913/mo

7.5%

Learn About the Market: Opportunity in Texas

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 This Area