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B+
NoAgentList RatingHow are grades calculated? Info

$351,000

20011 Ballinger Ridge Ct, Richmond, TX, 77407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,350 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.02 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size9,063 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4792-03-003-0250-901
Lot Number25
SubdivisionLakemont Meadows Sec 3
Land UseResidential
Legal DescriptionLAKEMONT MEADOWS SEC 3, BLOCK 3, LOT 25
Census Tract672906
Assessed Land Value$47,840
Assessed Improvement Value$289,367
Assessment Year2025

About this property

MOVE IN READY! Located in Highly Sought Lakemont Meadows Community! This home sits on a HUGE OVER-SIZED CORNER lot with NO SIDE NEIGHBORS AND in a CULDESAC! Zoned to A-rated schools with a DESIRABLE LOCATION, access to Westpark Tollway, Grand Parkway 99, FM 1093, and I-10! Huge one story with 10 foot ceilings, perfect floor plan with an Office, Dining Room, AND Game room or additional flex space! Kitchen comes with double oven and extra cabinet storage. Entire Brand New HVAC System 2024.Primary Bathroom Suite has separate dual sinks and vanity area with both a large stand alone shower AND a luxury soaking bathtub. HUGE WALK IN CLOSET!. Includes full house blinds, full gutters, and sprinkler system. Large covered patio with iron fence, fans, in a huge backyard. Neighborhood amenities include: SWIMMING POOLS WITH WATER SLIDES, BRAND NEW PARK WITH Four Pickle-ball Courts, Outdoor basketball courts, TENNIS COURTS, PLAYGROUNDS, WALKING TRAILS. Walking distance to DAYCARE and Schools.

Investor Tools

Property Icon
$351,000
Estimated Property Value
$280,800Estimated Mortgage Balance
$75,988Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$461/month
$872/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,778
$337,207
2025
$47,840
$289,367
$337,207
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,778
$337,207

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$280,800
No
First
Mar 21, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,012
$65,988
19%
78%
$1,684/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$2,556/mo
$-196/mo
8.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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20011 Ballinger Ridge Ct | Property Details | No Agent List