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$289,043

NAL Estimated Property Value

20118 Broad Run Ln, Richmond, TX, 77407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,829 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.16 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Water Purifier
FlooringCarpet, Laminate, Tile

Exterior

Lot Size5,500 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4794-02-002-0540-901
Lot Number54
SubdivisionLakemont Terrace Sec 2
Land UseResidential
Legal DescriptionLAKEMONT TERRACE SEC 2, BLOCK 2, LOT 54
Census Tract672906
Assessed Land Value$39,520
Assessed Improvement Value$249,523
Assessment Year2025

About this property

Charming 3 bedroom, 2 bath all brick one story features high ceilings and so much more! Neutral interior will compliment any decorative palette. Kitchen with breakfast bar, diagonal tile floors and backsplash, earth toned cabinetry, Corian counters, and slate appliances. Grand family room with high ceilings, handsome laminate wood floors, and gas fireplace. Spacious owners retreat with catherdral ceiling and ensuite bath features dual sinks, separate glass enclosed shower, and soaking tub. Freshly carpeted generously sized secondary bedrooms and full guest bathroom with shower/tub combination. Lovely backyard with covered patio and outdoor fan. Great location with quick and convenient access to Westpark Tollway, Grand Parkway, shopping, and recreation. Neighborhood includes two pools, pocket parks, beautiful lakes, miles and miles of walking/biking trails, and onsite elementary school.

Investor Tools

Property Icon
$289,043
Estimated Property Value
$190,673Estimated Mortgage Balance
$98,370Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
$672/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,009
$289,043
2025
$39,520
$249,523
$289,043
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,009
$289,043

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Keller Mortgage Llc
Conventional
$208,800
No
First
Oct 22, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,673
$98,370
34%
66%
$1,252/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$1,924/mo
+$436/mo
9.8%

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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20118 Broad Run Ln | Property Details | No Agent List