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$511,000

2114 Thompson Crossing Dr, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,454 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.26 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size10,818 sqft

Building Information

Year Built1993
Stories2
Roof Type105
Garage Spaces3

Land Information

APN5740-15-002-0070-907
Lot Number7
SubdivisionPecan Grove Plantation Sec 15
Land UseResidential
Legal DescriptionPECAN GROVE PLANTATION SEC 15, BLOCK 2, LOT 7
Census Tract673502
Assessed Land Value$115,700
Assessed Improvement Value$400,234
Assessment Year2025

About this property

Welcome to this elegant two-story home in Pecan Grove. Step inside to a warm wood-floor entry flanked by a private study & formal dining, leading into a spacious family room with built-ins and a cozy fireplace. The gourmet kitchen offers abundant cabinetry, generous counter space, & flows seamlessly into the living and entertaining areas. A wet bar adds convenience, doubling as a serving station. Upstairs, discover a massive game room, a guest suite with private bath, and two additional bedrooms with a connecting bath. 4 bedrooms, 3.5 baths. Abundant storage—including a coveted Texas basement that can be finished into a garage apartment. A lush backyard invites relaxation by the sparkling swimming pool. The detached garage with porte-cochère adds function. Extra highlights include crown molding, plantation shutters, window seat, natural light throughout & timeless details that set this home apart. Make your holiday memories in Pecan Grove—this is a lifestyle you will treasure.

Investor Tools

Property Icon
$511,000
Estimated Property Value
$220,000Estimated Mortgage Balance
$310,480Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,570 /month
Positive
Cash Flow Estimate:
$1,190 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$364/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,807
$509,986
2025
$115,700
$400,234
$515,934
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,807
$509,986

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Conventional
$220,000
No
First
Sep 8, 2021
Oct 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,520
$321,480
61%
39%
$1,320/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$1,570/mo
+$1,170/mo
6.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2114 Thompson Crossing Dr | Property Details | No Agent List