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$367,000

NAL Estimated Property Value

2002 Stetson Place Court, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,698 Sq Ft
price_per_sqft$100.82 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListHigh 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, Electric Range, Free-Standing Range, Dishwasher, Oven
FlooringCarpet, Tile

Exterior

Lot Size6,964 sqft

Building Information

Year Built1992
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3780-11-001-0010-907
Lot Number1
SubdivisionThe Grove Sec 11
Land UseResidential
Legal DescriptionTHE GROVE SEC 11, BLOCK 1, LOT 1
Census Tract673502
Assessed Land Value$40,950
Assessed Improvement Value$265,850
Assessment Year2025

About this property

Welcome Home!! Original owners have now decided to sell and allow new and lasting memories for someone else. Your new home is located on a Corner lot within walking distance of Pecan Grove Elementary. New Interior & Exterior Paint, Refinished front door, renovated kitchen w/Granite, White cabinets, soft close drawers & door hinges, marble backsplash, & all new SS appliances. Primary bedroom located downstairs with renovated bath area. Primary bath is equipped with newly tiled shower, tile flooring, new fixtures, & paint. Secondary bath upstairs is also upgraded with new fixtures, tub and tile. The large & spacious living area is all 20" tile laid at a diagonal to add that extra touch of class. Garage even includes a double ceramic sink for the outside clean up. Located on a corner of a cul de sac street, only having neighbors on 1 side of the home. You'll love everything about it! Call today as Mortgage rates still at an all time low...time to invest in your NextHome!!

Investor Tools

Property Icon
$367,000
Estimated Property Value
$194,108Estimated Mortgage Balance
$172,892Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,202 /month
Positive
Cash Flow Estimate:
$734 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$531/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,537
$306,800
2025
$40,950
$265,850
$306,800
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,537
$306,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gibraltar Mortgage Services Llc
Conventional
$217,600
No
First
Oct 15, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,108
$172,892
47%
53%
$1,305/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$1,530/mo
+$1,210/mo
9.0%

Learn About the Market: Opportunity in Texas

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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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2002 Stetson Place Court | Property Details | No Agent List