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$685,592

NAL Estimated Property Value

2007 Morton Cove Court, Richmond, TX, 77469

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths4 Bath
Baths3,465 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.97 / sqft
Year BuiltBuilt in 2019

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDryer, Washer, Refrigerator, Dishwasher, Disposal, Ice Maker, Microwave, Gas Cooktop, Gas Range, Electric Oven, Oven, ENERGY STAR Qualified Appliances, Free-Standing Range
FlooringCarpet, Tile

Exterior

Lot Size12,641 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN8496-02-001-0240-901
Lot Number24
SubdivisionVeranda Sec 2
Land UseResidential
Legal DescriptionVERANDA SEC 2, BLOCK 1, LOT 24
Census Tract674702
Assessed Land Value$165,506
Assessed Improvement Value$520,086
Assessment Year2025

About this property

Brand new custom Perry Home in the master-planned community of Veranda has an oversized (25x20) patio overlooking the jogging trails and creek. The expansive backyard and vistas feel like ranch living at its finest. This new home has upgraded appliances and the washer, dryer, and refrigerator are included. 12-foot ceilings throughout. The modern open kitchen makes entertaining and mealtimes a pleasure and the spacious living and dining rooms are full of natural light. Ceramic tile throughout the living spaces while bedrooms are carpeted with high-end pile for comfort. The three-car garage is smooth concrete with plenty of room for storage and handiwork. Resort style amenities include a family-friendly pool, hike and bike trails, recreation center, an event lawn and playgrounds. Close to 59 and the Grand Parkway, minutes from major employers and world-class shopping, dining, and entertainment. Area Clubhouse and swimming pool, pest control and lawn maintenance is included in the lease.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,000/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,572
$685,592
2025
$165,506
$520,086
$685,592
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,572
$685,592

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Angel Oak Home Loans Llc
Conventional
$405,630
No
First
May 19, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$366,883
$318,709
46%
54%
$2,432/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,300/mo
$2,432/mo
$-132/mo
4.0%

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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2007 Morton Cove Court | Property Details | No Agent List