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$450,000

NAL Estimated Property Value

21118 Magnolia Hollow Ln, Richmond, TX, 77407

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,000 Sq Ft
price_per_sqft$161.67 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Water Softener, Electric Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringLaminate, Tile

Exterior

Lot Size6,600 sqft

Building Information

Year Built2012
Roof Type105
Garage Spaces2

Land Information

APN4804-01-002-0120-901
Lot Number12
SubdivisionLakemont West Ridge Sec 1
Land UseResidential
Legal DescriptionLAKEMONT WEST RIDGE SEC 1, BLOCK 2, LOT 12
Census Tract672902
Assessed Land Value$49,400
Assessed Improvement Value$353,200
Assessment Year2025

About this property

Welcome to your new home @ 21118 Magnolia Hollow Lane in the prestigious Lakemont neighborhood in Richmond. This beautiful 4 bed/3 bath will certainly leave a lasting impression. Through the front door to the right theres a private office with French Doors. There is a beautiful formal dining room to the left and straight ahead theres a family room with an impressive raised ceiling and gas log fireplace. The open kitchen/breakfast area to the left has been recently updated and has a big island with lots of space for food prep and entertaining. the large primary room is on the first floor adjacent to the family room which has new flooring and a large bathroom, which includes a separate shower and bath along with a large walk in closet. you can access the laundry room from the bathroom. The second floor has 3 secondary bedrooms and a full bath in the common area. There is also a game room space and a full theater room. The back yard has a covered patio with plenty of space for a pool.

Investor Tools

Property Icon
$450,000
Estimated Property Value
$371,763Estimated Mortgage Balance
$78,237Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$589/month
$746/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,822
$402,600
2025
$49,400
$353,200
$402,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,822
$402,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Champions Mortgage Llc
Conventional
$385,000
No
First
Jun 24, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$371,763
$56,237
13%
83%
$2,309/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,050/mo
$3,055/mo
$-5/mo
8.1%

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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21118 Magnolia Hollow Ln | Property Details | No Agent List