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$278,000

NAL Estimated Property Value

20535 Newfalls Ct, Richmond, TX, 77407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,513 Sq Ft
price_per_sqft$122.27 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Electric Range, Electric Oven, Free-Standing Range
FlooringCarpet, Laminate, Tile

Exterior

Lot Size7,198 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4790-06-001-0070-901
Lot Number7
SubdivisionLakemont Sec 6
Land UseResidential
Legal DescriptionLAKEMONT SEC 6, BLOCK 1, LOT 7
Census Tract672906
Assessed Land Value$39,618
Assessed Improvement Value$234,685
Assessment Year2025

About this property

Charming one-story open concept home in an excellent location! Located on a cul-de-sac street, this home has easy access to Westpark Tollway/99/HWY 6. Come home to an open concept kitchen with granite countertops, abundant counter & cabinet space plus pass-thru serving bar that opens to the dining and family room. The formal living and dining feature beautiful laminate flooring. The spacious family room offers a cozy fireplace. Lots of natural light throughout the home. Great private master suite with spacious walk-in closet. Master bath featuring dual sinks, a whirlpool tub plus a separate shower. Neutral color paint throughout. The spacious backyard with patio is great for entertaining! Community lakes, trails, pool & playground. A must see!

Investor Tools

Property Icon
$278,000
Estimated Property Value
$157,358Estimated Mortgage Balance
$120,642Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$345/month
$673/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,755
$273,108
2025
$39,618
$234,685
$274,303
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,755
$273,108

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$181,649
No
First
Aug 29, 2019
Sep 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,358
$117,642
42%
57%
$1,090/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$1,763/mo
+$597/mo
10.2%

City: Richmond

20535 Newfalls Ct | Property Details | No Agent List