$348,000
NAL Estimated Property Value19327 Summer Island Way, Richmond, TX, 77407
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Microwave, Gas Range, Electric Oven
FlooringLaminate, Tile
Exterior
Lot Size6,083 sqft
Building Information
Year Built2006
Stories2
Roof Type105
Garage Spaces1
Land Information
APN1955-02-004-0010-907
Lot Number1
SubdivisionBradford Park Sec 2
Land UseResidential
Legal DescriptionBRADFORD PARK SEC 2, BLOCK 4, LOT 1
Census Tract672903
Assessed Land Value$46,956
Assessed Improvement Value$291,693
Assessment Year2025
About this property
Gorgeous home with two master suites and large secondary bedrooms. Featuring fresh interior paint, updated kitchen with stainless steel appliances, granite counter tops and tile backsplash. Formal dining and living areas. Huge game room, master suite with sitting area/office. Easy access to freeways, schools, churches and shopping.
Investor Tools
$348,000
Estimated Property Value
$195,481Estimated Mortgage Balance
$152,933Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,088 /month
Positive
Cash Flow Estimate:
$696 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$591/month
$350/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,347
$338,649
2025
$46,956
$291,693
$338,649
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,347
$338,649
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$223,250
No
First
Dec 18, 2019
Jan 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,481
$144,519
42%
56%
$1,339/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,050/mo
$1,689/mo
+$1,361/mo
10.5%
