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Days41Days on Market
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$399,900

$409,000

2003 Spreading Oak Ln, Richmond, TX, 77406

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,352 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.03 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size13,444 sqft

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5740-06-001-0540-901
Lot Number54
SubdivisionPecan Grove Plantation Sec 6
Land UseResidential
Legal DescriptionPECAN GROVE PLANTATION SEC 6, BLOCK 1, LOT 54
Census Tract673600
Assessed Land Value$98,280
Assessed Improvement Value$286,485
Assessment Year2025

About this property

Some homes simply feel different. Filled with character, charm, & details throughout, this beautifully maintained one-story sits on an oversized homesite in Pecan Grove. Mature trees & brick architecture create a welcoming first impression. High ceilings & a striking fireplace create a warm focal point in the spacious family room, while the split floor plan offers both comfort & privacy. The island kitchen is designed for gathering with quartz countertops, electric cooktop, double ovens & built-in breakfast seating. Generously sized bedrooms provide room for family & guests. Large owner's retreat offers a spacious bath and relaxing atmosphere. Curated spaces reflect pride in ownership and create a home that stands apart from the ordinary. The expansive backyard offers endless opportunities for play, pets & gardening. A covered patio & detached three-car garage add functionality. Move-in ready & filled with personality, this is a place where lasting memories are waiting to be made.

Investor Tools

Property Icon
$384,765
Estimated Property Value
$0Estimated Mortgage Balance
$384,765Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

Interested in this property?

Kimberly Hollas

RE/MAX Fine Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$410/month
$209/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,996
$384,765
2025
$98,280
$286,485
$384,765
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,996
$384,765

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$384,765
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$209/mo
+$1,911/mo
6.6%

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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2003 Spreading Oak Ln | Property Details | No Agent List