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$313,887

20507 Newfalls Ct Court, Richmond, TX, 77407

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths2,326 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.97 / sqft
Year BuiltBuilt in 2003

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Gas Cooktop, Gas Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size10,197 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4790-06-001-0140-901
Lot Number14
SubdivisionLakemont Sec 6
Land UseResidential
Legal DescriptionLAKEMONT SEC 6, BLOCK 1, LOT 14
Census Tract672906
Assessed Land Value$49,431
Assessed Improvement Value$264,456
Assessment Year2025

About this property

GORGEOUS 3 BEDROOM 2 BATH HOUSE IN MOVE IN CONDITION. GREAT ROOM WITH HIGH CEILINGS, OPEN FLOOR PLAN AND ENGINEERED WOOD FLOORS. KITCHEN, DINING, GREAT ROOM ALL FLOW INTO ONE ANOTHER, FOR AN AMAZING FAMILY SPACE. KITCHEN WITH UPDATED EXOTIC GRANITE COUNTERTOPS, ALL UPDATED STAINLESS STEEL APPLIANCE INCLUDING A GAS RANGE, WILL APPEAL TO YOUR INNER CHEF. TILE FLOOR IN ALL THE WET AREAS AND ENGINEERED WOOD FLOORING IN ALL THE OTHER OPEN SPACES, UPDATED NEW CARPET IN ALL BEDROOMS, GIVES THE FEELING OF BEING HOME TO THIS HOUSE. SPACIOUS PRIMARY BEDROOM WITH SEPARATE GLASS ENCLOSED SHOWER AND GARDEN TUB, ALLOW YOU TO FEEL SECLUDED IN YOUR PRIMARY BEDROOM ALLOWING YOU TO RELAX IN. UTILITY ROOM IS IN THE HOUSE, GREAT OVERSIZED BACKYARD WITH A COVERED PATIO THAT HAS LIGHTS AND CEILING FANS FOR YOUR FAMILY TO ENJOY. THIS HOME IS READY, FOR A QUICK MOVE-IN!"

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$578/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,364
$313,887
2025
$49,431
$264,456
$313,887
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,364
$313,887

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$150,000
No
First
Sep 24, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,536
$180,351
57%
43%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$900/mo
+$1,460/mo
9.0%

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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20507 Newfalls Ct Court | Property Details | No Agent List