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$503,000

NAL Estimated Property Value

20923 Bright Lake Bend Ct, Richmond, TX, 77407

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,366 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.86 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Microwave, Gas Cooktop, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,413 sqft

Building Information

Year Built2009
Stories2
Roof Type105
Garage Spaces2

Land Information

APN4791-03-001-0190-901
Lot Number19
SubdivisionLakemont Cove Sec 3
Land UseResidential
Legal DescriptionLAKEMONT COVE SEC 3, BLOCK 1, LOT 19
Census Tract672902
Assessed Land Value$63,050
Assessed Improvement Value$379,055
Assessment Year2025

About this property

This beautiful 4-bedroom, 2.5-bathroom home is located on a quiet cul-de-sac in the Lakemont master-planned community. As you enter, a catwalk hallway greets you, with a study to the left and a formal dining room to the right, leading into the kitchen. The open-concept living room and kitchen have abundant natural light, and the kitchen includes a refrigerator, microwave, and gas stove. The downstairs primary bedroom has an ensuite bath with double sinks and a separate tub and shower. Upstairs are three bedrooms and two secondary bathrooms, with two bedrooms sharing a full bath. Community amenities include a resort-style pool, clubhouse, playgrounds, and trails. *Online apps only, please submit all required documents at time of application** **$100,000 Liability to Landlord Insurance Policy Required**

Investor Tools

Property Icon
$503,000
Estimated Property Value
$198,638Estimated Mortgage Balance
$310,440Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,018 /month
Positive
Cash Flow Estimate:
$1,006 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$839/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,555
$442,105
2025
$63,050
$379,055
$442,105
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,555
$442,105

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chevron Fcu
Stand Alone Second / Subordinate Position
$46,725
No
First
Jun 10, 2015
Jul 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,638
$269,362
57%
39%
$3,973/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,050/mo
$3,973/mo
$-923/mo
7.3%

City: Richmond

20923 Bright Lake Bend Ct | Property Details | No Agent List