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$400,000

NAL Estimated Property Value

19222 Cannon Hills Ln, Richmond, TX, 77407

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,518 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.46 / sqft
Year BuiltBuilt in 2013

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, Oven, Trash Compactor, Microwave, Gas Cooktop, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringLaminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size7,976 sqft

Building Information

Year Built2013
Roof Type105
Garage Spaces2

Land Information

APN3523-18-002-0060-907
Lot Number6
SubdivisionGrand Mission Sec 18
Land UseResidential
Legal DescriptionGRAND MISSION SEC 18, BLOCK 2, LOT 6
Census Tract672907
Assessed Land Value$93,500
Assessed Improvement Value$306,500
Assessment Year2025

About this property

GREAT POOL! Enjoy your private pool, a home with four bedrooms AND private office. A David Weekley re-sale. No carpet in the home, the kitchen and living area are open and large. Granite counter tops and a lovely gas range, make cooking fun! From the kitchen, you have a view of the home and pool area. Come see this home today. Enjoy the private pool.

Investor Tools

Property Icon
$400,000
Estimated Property Value
$374,660Estimated Mortgage Balance
$25,340Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$546/month
$1,150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,546
$400,000
2025
$93,500
$306,500
$400,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,546
$400,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bankers And Mortgage Group Inc
Conventional
$388,000
No
First
Jun 3, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$374,660
$25,340
6%
94%
$2,327/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$3,477/mo
$-1,117/mo
7.1%

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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19222 Cannon Hills Ln | Property Details | No Agent List