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$400,255

NAL Estimated Property Value

208 Richland Dr, Belton, TX, 76513

$422,862 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,014 Sq Ft
price_per_sqft$191.16 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Water Heater, Oven, Refrigerator, Water Heater, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPorch, Patio
Lot Size22,521 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APN197889
Lot Number4
SubdivisionThe Campus At Lakewood Ranch Phase Ii
Land UseResidential
Legal DescriptionTHE CAMPUS AT LAKEWOOD RANCH PHASE II, BLOCK 005, LOT 0004, ACRES .517
Census Tract020201
Assessed Land Value$71,615
Assessed Improvement Value$328,640
Assessment Year2025

About this property

Beautiful 3-bedroom, 2-bath home with an office and side-entry garage showcasing excellent curb appeal on a half-acre lot in the desirable Lakewood neighborhood. This 2,014 sq. ft. home features a split floor plan for privacy, an inviting eat-in kitchen with new appliances, and a formal dining area perfect for gatherings. The dedicated office provides a quiet space for work or study. Enjoy outdoor living on the oversized back patio, ideal for relaxing or entertaining. Zoned for Lakewood Elementary and Lake Belton High School, and conveniently located near Scott & White, the VA Hospital, and Fort Cavazos (Fort Hood)—this home combines comfort, convenience, and community in one beautiful setting.

Investor Tools

Property Icon
$400,255
Estimated Property Value
$293,750Estimated Mortgage Balance
$106,505Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$422,862
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,402 /month
Positive
Cash Flow Estimate:
$801 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$654/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$400,255
2025
$71,615
$328,640
$400,255
Yes (2024)

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$400,255

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Va
$295,000
Yes
First
Jan 15, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,750
$106,505
26%
73%
$1,949/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$1,949/mo
$-309/mo
4.9%

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: Belton

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208 Richland Dr | Property Details | No Agent List