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$440,336

NAL Estimated Property Value

21114 Concordia Park Lane, Richmond, TX, 77407

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,255 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.35 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size9,541 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces2

Land Information

APN4790-03-002-0050-901
Lot Number5
SubdivisionLakemont Sec 3
Land UseResidential
Legal DescriptionLAKEMONT SEC 3, BLOCK 2, LOT 5
Census Tract672902
Assessed Land Value$64,350
Assessed Improvement Value$375,986
Assessment Year2025

About this property

LOCATION! LOCATION! LOCATION! Nestled under a canopy of trees, this gorgeous 2-Story home sits on an oversized Lot in the beautiful Community of Lakemont. Inside features newly painted walls, ceiling, doors and trim with 5 Bedrooms, 3 Full Baths, Study, Formal Dining, Gameroom and Open floorplan with high ceilings. The Kitchen has a huge granite island with storage below and loads of cabinets and counter space. The Family Room is large with gas fireplace with stacked travertine stone surround, plank wood floors and storage closet under the stairs. 1 Bedroom down. Primary Suite, 3 Secondary Bedrooms and a huge Gameroom upstairs. Pool size backyard and 3-Car tandem Garage. Zoned to an excellent school district and close to shopping, grocery stores and easy access to Westpark Tollway. Low tax rate. A must see!

Investor Tools

Property Icon
$440,336
Estimated Property Value
$331,313Estimated Mortgage Balance
$109,023Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,642 /month
Positive
Cash Flow Estimate:
$881 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$635/month
$673/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,424
$440,336
2025
$64,350
$375,986
$440,336
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,424
$440,336

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Technology Federal Cu
Conventional
$350,000
No
First
Jun 6, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$331,313
$109,023
24%
75%
$2,099/mo

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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21114 Concordia Park Lane | Property Details | No Agent List