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$409,000

NAL Estimated Property Value

20007 Terry Springs Ct, Richmond, TX, 77407

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,968 Sq Ft
price_per_sqft$146.56 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Free-Standing Range, Dishwasher, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size9,820 sqft

Building Information

Year Built2008
Stories2
Roof Type105
Garage Spaces2

Land Information

APN4799-01-001-0110-901
Lot Number11
SubdivisionLakemont Ridge Sec 1
Land UseResidential
Legal DescriptionLAKEMONT RIDGE SEC 1, BLOCK 1, LOT 11
Census Tract672906
Assessed Land Value$60,528
Assessed Improvement Value$332,772
Assessment Year2025

About this property

Nestled on a cul de sac street, this 4 bed, 2.5 bath home boasts recent updates and a spacious backyard. Recent roof, carpet, and interior paint. Wood-like tile, French doors, and a gaslog fireplace add charm to the interior. Private study situated at the front of the home is the ideal office space. Open to the large family room, the island kitchen features abundant cabinet storage, granite counters, refrigerator, and adjoining breakfast area. First floor is complete with laundry room, pantry, and half bath. Upstairs, a massive gameroom offers endless possibilities. The primary suite includes high ceilings, ensuite bath with dual sinks, and expansive closet.Three large secondary upstairs bedrooms with full guest bathroom.Outside, a covered patio and extended area provide the perfect spot for outdoor recreation and entertaining.Enjoy neighborhood amenities such as pools, pocket parks, lakes, & walking/biking trails.Great location w/convenient access to Westpark Tollway & Grand Parkway.

Investor Tools

Property Icon
$409,000
Estimated Property Value
$0Estimated Mortgage Balance
$296,490Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,610 /month
Positive
Cash Flow Estimate:
$870 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$560/month
$746/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,673
$393,300
2025
$60,528
$332,772
$393,300
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,673
$393,300

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$409,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,050/mo
$746/mo
+$2,304/mo
8.9%

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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20007 Terry Springs Ct | Property Details | No Agent List