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$342,000

NAL Estimated Property Value

2018 Manor Dr, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,008 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.25 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Range, Dishwasher
FlooringTile

Exterior

Lot Size8,187 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5740-01-012-0220-907
Lot Number22
SubdivisionPecan Grove Plantation Sec 1
Land UseResidential
Legal DescriptionPECAN GROVE PLANTATION SEC 1, BLOCK 12, LOT 22
Census Tract673600
Assessed Land Value$81,900
Assessed Improvement Value$223,291
Assessment Year2025

About this property

GORGEOUS 1 story in Pecan Grove completely UPDATED! Open floor plan with high ceilings, tons of windows and beams. New kitchen featuring huge island with space for bar stools, quartz counters, stainless appliances, subway tile backsplash, modern black hardware and recessed can lighting. Dining room has serving bar with floating shelves providing tons of extra storage and wine cooler. Spacious family room with vaulted ceilings, grey beams, and gorgeous fireplace. Luxurious primary suite with 2 closets, dual vanities with drawer stack and oversized shower with 2 shower heads. Large secondary bath with 2 sinks and new tub/shower. Large covered patio with new tile floors. Updates include: new grey shaker cabinets, new quartz counters, new wall tile and floors in all bedrooms and baths, solid core interior doors, new appliances, and new breaker box. Recent updates include: Roof 2019. This home truly rivals new construction, but in an established neighborhood.

Investor Tools

Property Icon
$342,000
Estimated Property Value
$288,890Estimated Mortgage Balance
$53,110Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,099 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$374/month
$209/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,776
$305,191
2025
$81,900
$223,291
$305,191
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,776
$305,191

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Conventional
$291,000
No
First
Dec 4, 2025
Jan 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,890
$53,110
15%
84%
$1,745/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,954/mo
+$166/mo
7.4%

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.

Explore Texas Explore This Area
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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