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$323,513

NAL Estimated Property Value

20122 Broad Run Ln, Richmond, TX, 77407

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,149 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.94 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size5,500 sqft

Building Information

Year Built2006
Stories2
Roof Type105
Garage Spaces2

Land Information

APN4794-02-002-0550-901
Lot Number55
SubdivisionLakemont Terrace Sec 2
Land UseResidential
Legal DescriptionLAKEMONT TERRACE SEC 2, BLOCK 2, LOT 55
Census Tract672906
Assessed Land Value$39,520
Assessed Improvement Value$283,993
Assessment Year2025

About this property

This 4 bedroom, 2 1/2 bath does not disappoint. Updated kitchen, appliances, interior paint, fixtures, laminate wood flooring, carpet, and much more! Roof replaced January 2021. Formal dining room for those that love to entertain or have celebratory meals; or use as an office if you prefer. Kitchen with white painted cabinets, stainless steel appliances, tile flooring, walk in pantry, tile backsplash, and adjoining breakfast room. Large open family room with gas fireplace. Primary bedroom offers an ensuite bath with dual sinks, separate glass shower, and jetted tub. A half bath and laundry room complete the first floor. Upstairs has three bedrooms, full bathroom, and large gameroom. Great backyard for outdoor entertaining and play. Neighborhood includes two pools, pocket parks, walking/biking trails, beautiful lakes, basketball court, and onsite elementary school. Excellent location with convenient access to Grand Parkway, Westpark Tollway, shopping, and recreation.

Investor Tools

Property Icon
$323,513
Estimated Property Value
$258,208Estimated Mortgage Balance
$65,305Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,941 /month
Positive
Cash Flow Estimate:
$647 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$431/month
$672/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,559
$323,513
2025
$39,520
$283,993
$323,513
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,559
$323,513

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Fha
$274,928
Yes
First
Oct 27, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,208
$65,305
20%
80%
$1,696/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,050/mo
$2,368/mo
+$682/mo
11.3%

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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20122 Broad Run Ln | Property Details | No Agent List