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$335,000

NAL Estimated Property Value

20503 Windsor Trace Lane, Richmond, TX, 77407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,132 Sq Ft
price_per_sqft$107.86 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Range, Gas Oven
FlooringLaminate, Tile

Exterior

Lot Size7,826 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4792-01-002-0070-901
Lot Number7
SubdivisionLakemont Meadows Sec 1
Land UseResidential
Legal DescriptionLAKEMONT MEADOWS SEC 1, BLOCK 2, LOT 7
Census Tract672906
Assessed Land Value$38,002
Assessed Improvement Value$277,695
Assessment Year2025

About this property

Serene setting on a quiet cul-de-sac in the Lakemont Meadows community best describes this meticulously maintained and updated single story home with covered front porch and functional, open floorplan. Beautiful laminate flooring in the large living room, all bedrooms, formal dining and in the flex room that can be an office, nursery or playroom. Kitchen with eating space, lots of cabinets and countertop space, island and desk area. Master bedroom suite with tray ceiling, updated paint and spa tub with separate shower. Back stone patio with seating area, no back neighbors and sunset views. Fruit trees, raised garden beds in the backyard and the front flowerbeds are all on a drip watering system with programmable timer. Mature trees surround the home and neighborhood. Outdoor living at its best! New fence in 2018. Overhead storage and built-in workbench in the garage are included! Just a block away from the neighborhood playground and minutes from the community pool.

Investor Tools

Property Icon
$335,000
Estimated Property Value
$195,303Estimated Mortgage Balance
$139,697Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,010 /month
Positive
Cash Flow Estimate:
$670 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$426/month
$669/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,434
$315,697
2025
$38,002
$277,695
$315,697
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,434
$315,697

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$218,500
No
First
Nov 20, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,303
$139,697
41%
58%
$1,311/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$1,980/mo
+$380/mo
8.5%

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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