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$364,000

NAL Estimated Property Value

19711 Terrazza Lake Lane, Richmond, TX, 77407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,839 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$217.51 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,654 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN3528-19-002-0250-907
Lot Number25
SubdivisionGrand Mission Estates Sec 19
Land UseResidential
Legal DescriptionGRAND MISSION ESTATES SEC 19, BLOCK 2, LOT 25
Census Tract672907
Assessed Land Value$76,950
Assessed Improvement Value$264,555
Assessment Year2025

About this property

Charming, sought-after 1 story home nestled in the master planned community of Grand Mission Estates. This recent construction gem was built by Highland Homes and features 3 bedrooms, 2 full bathrooms and a decadent primary bedroom and bathroom. The open living area, dining and kitchen area feature sweeping views of the private backyard. The stunning kitchen has abundant storage and workspace with an eat-in island and walk-in pantry. Note that there are currently 2 pools and recreation complexes + a fitness center and clubhouse for residents. Easy highway access to the Westpark Tollway, Hwy 99 and I-10 with many shopping options and amenities nearby. (See floor plan and features sheets under Documents) **Showings Start Saturday, June 10th**

Investor Tools

Property Icon
$364,000
Estimated Property Value
$301,506Estimated Mortgage Balance
$62,494Estimated Equity
17% 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
$457/month
$1,050/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,665
$341,505
2025
$76,950
$264,555
$341,505
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,665
$341,505

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amwest Funding Corp
Conventional
$309,600
No
First
Jul 31, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$301,506
$62,494
17%
83%
$2,244/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$3,294/mo
$-934/mo
7.8%

City: Richmond

19711 Terrazza Lake Lane | Property Details | No Agent List