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$531,000

NAL Estimated Property Value

20506 Elderwood Terrace Drive, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,300 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$111.67 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop
FlooringCarpet, Laminate, Tile

Exterior

Lot Size8,565 sqft

Building Information

Year Built2013
Roof Type105
Garage Spaces2

Land Information

APN5121-18-002-0240-907
Lot Number24
SubdivisionLong Meadow Farms Sec 18
Land UseResidential
Legal DescriptionLONG MEADOW FARMS SEC 18, BLOCK 2, LOT 24
Census Tract673404
Assessed Land Value$65,000
Assessed Improvement Value$456,596
Assessment Year2025

About this property

Welcome home to Long Meadow Farms! Great curb appeal and gorgeous landscaping on a great lot! Soaring ceilings and a winding staircase sweep you into this AMAZING 4 bedroom/3.5 bath/3 car garage that shines with the pride of ownership! You will also enjoy the private study, formal dining, spacious game room and media! Open floor plan with lots of natural light! The island kitchen is has SS appliances, granite, pendant lights, walk-in pantry, rich wood cabinet and much more! Cozy fireplace! Lots of special architectural features! Wonderful master retreat with relaxing bath-soaking tub, shower with seat, dual sinks and large walk-in closet! Get ready to play in big game room and watch your favorite team or movie in the media room! Nice secondary bedrooms with great closets! Oversized backyard with covered patio-lots of space for playing, gardening and a pool! Wonderful neighborhood amenities! Easy access to 99 and West Park Tollway! Lots of shopping and restaurants!

Investor Tools

Property Icon
$531,000
Estimated Property Value
$256,946Estimated Mortgage Balance
$274,054Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,186 /month
Positive
Cash Flow Estimate:
$1,062 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$463/month
$850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,897
$521,596
2025
$65,000
$456,596
$521,596
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,897
$521,596

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Neighborhood Mtg Acceptance Co
Conventional
$290,400
No
First
Jun 24, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,946
$274,054
51%
48%
$1,742/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$2,592/mo
+$148/mo
6.2%

City: Richmond

20506 Elderwood Terrace Drive | Property Details | No Agent List