$375,000
19703 Lily Pad Ln, Richmond, TX, 77407
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Oven
FlooringCarpet, Tile
Exterior
Lot Size11,378 sqft
Building Information
Year Built2005
Stories2
Roof Type105
Garage Spaces2
Land Information
APN9175-01-011-0190-907
Lot Number19
SubdivisionWaterview Estates Sec 1
Land UseResidential
Legal DescriptionWATERVIEW ESTATES SEC 1, BLOCK 11, LOT 19
Census Tract672903
Assessed Land Value$58,687
Assessed Improvement Value$350,091
Assessment Year2025
About this property
Located on a desirable cul-de-sac, this home offers an oversized lot and an expansive backyard with plenty of room to add a pool, if desired. The open-concept floor plan features a spacious living area, a beautiful kitchen with stainless-steel appliances, and generous entertaining space. A secondary bedroom is conveniently located downstairs, while a large game room provides added flexibility upstairs. Set at a high elevation and with no history of flooding, this exceptional home is a must-see!
Investor Tools
$232,442Estimated Mortgage Balance
$169,356Estimated Equity
43% 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
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$718/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,618
$408,778
2025
$58,687
$350,091
$408,778
No
Tax History
Year
Tax Paid
Assessed Value
2025
$6,618
$408,778
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$256,000
No
First
Jul 27, 2021
Aug 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,442
$179,558
43%
58%
$1,535/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,050/mo
$1,535/mo
+$1,515/mo
9.2%
