1view

Owner Contacts

$334,000

NAL Estimated Property Value

21122 Lilac Meadows Ln, Richmond, TX, 77407

Off Market

3 Beds

2 Bath

2,132 Sq Ft

$175.89 / sqft

Built in 2004

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringTile

Exterior

Lot Size7,895 sqft

Building Information

Year Built2004

Stories1

Roof Type105

Garage Spaces2

Land Information

APN4790-08-003-0010-901

Lot Number1

SubdivisionLakemont Sec 8

Land UseResidential

Legal DescriptionLAKEMONT SEC 8, BLOCK 3, LOT 1

Census Tract672902

Assessed Land Value$36,446

Assessed Improvement Value$296,975

Assessment Year2025

About this property

THIS HOUSE HAS BEEN RENTED AND IS NO LONGER FOR SALE, THANK YOU! Recent updates: new roof, new stove, water softener, dishwasher, microwave, glass shower, chandelier, HVAC (2021), and water heater (2020). No carpets! Enter & you'll be welcomed by a serene entryway featuring an elegant art niche. The formal dining area has a modern rustic chandelier, while Saltillo-style tile flooring adds a warm, stylish touch throughout the home. The updated kitchen flows seamlessly into the spacious living area, creating the ideal layout for entertaining. Whether you're hosting around the bar or serving appetizers on the generous island, this home offers the perfect setting for gatherings. Outdoors, the lush, oversized backyard provides plenty of space for gardening, play, or relaxing under the sun. Great amenities & schools: 2 pools, parks, lakes & trails to enjoy! This home is a gem—thoughtfully updated and move-in ready. Come experience it today—you won’t be disappointed!

Investor Tools

$334,000

Estimated Property Value

$312,357Estimated Mortgage Balance

$21,643Estimated Equity

6% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,250 /month

Positive

Cash Flow Estimate:

$750 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$449/month

$799/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,717

$333,421

2025

$36,446

$296,975

$333,421

Tax History

Year

Tax Paid

Assessed Value

2025

$3,717

$333,421

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Advancial Fcu

Conventional

$324,000

First

May 31, 2024

Jun 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$312,357

$21,064

94%

$1,943/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,360/mo

$2,742/mo

$-382/mo

8.5%

Learn About the Market: Opportunity in Texas

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 This Area