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$608,000

20606 Delta Lake Dr, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,933 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$111.87 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Exterior FeaturesBalcony
Lot Size9,398 sqft

Building Information

Year Built2012
Roof Type105
Garage Spaces3

Land Information

APN5121-28-001-0050-907
Lot Number5
SubdivisionLong Meadow Farms Sec 28
Land UseResidential
Legal DescriptionLONG MEADOW FARMS SEC 28, BLOCK 1, LOT 5
Census Tract673404
Assessed Land Value$82,212
Assessed Improvement Value$517,251
Assessment Year2025

About this property

Exquisitely maintained Darling Home with convenient access to Grand Parkway. This sizable 4 Bedroom/4 and 1/2 Bathroom features high downstairs ceilings with a "room to stretch" office space, gorgeous wrapping staircase, backyard with entertainment patio including fireplace with NO back neighbors! Enjoy having as much company as you want with an open kitchen to dining and living centered by a large granite covered island. Master Suite and 2nd bedroom are downstairs. The 3rd and 4th bedrooms are situated upstairs with a media room having comfortable spacing for a dozen of your friends adjoined to the loft game room with Juliet balcony overhanging the living room. Take the tour RIGHT NOW by clicking on the virtual tour link and then visit LIVE!

Investor Tools

Property Icon
$608,000
Estimated Property Value
$390,390Estimated Mortgage Balance
$264,010Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,648 /month
Positive
Cash Flow Estimate:
$1,216 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$983/month
$850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$599,463
2025
$82,212
$517,251
$599,463
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$599,463

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New City Mortgage Llc
Va
$390,390
Yes
First
Apr 2, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,990
$273,010
44%
57%
$2,341/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$3,191/mo
$-451/mo
5.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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20606 Delta Lake Dr | Property Details | No Agent List