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$518,000

2122 Walnut Grove Ln, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,252 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.66 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Absentee Owner

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Lot Size10,448 sqft

Building Information

Year Built1990
Stories2
Roof Type127
Garage Spaces2

Land Information

APN5740-08-006-0070-907
Lot Number7
SubdivisionPecan Grove Plantation Sec 8
Land UseResidential
Legal DescriptionPECAN GROVE PLANTATION SEC 8, BLOCK 6, LOT 7, R/P
Census Tract673502
Assessed Land Value$96,200
Assessed Improvement Value$414,682
Assessment Year2025

About this property

Nestled in the established charm of Pecan Grove, this custom two-story home blends timeless elegance with modern comfort.Featuring four bedrooms and three and a half bathrooms, this residence boasts a formal dining room & a private study. Cook in a gourmet kitchen with gas island cooktop, warming drawer, oven, & recently installed subway tile floors The den is complete with built-in bar area & fireplace conveniently located adjacent to the kitchen. The spacious primary suite, on the first floor, provides a tranquil retreat at the end of the day. Upstairs, you will find a sprawling game room/media space, three generously sized secondary bedrooms, & two full baths, all complemented by recently installed carpet. Step outside to a private backyard oasis, where a sparkling swimming pool, relaxing spa, & covered pergola with awning create an idyllic setting for entertaining or unwinding. A detached oversized garage offers ample storage. All new windows! Don’t miss this exceptional gem!

Investor Tools

Property Icon
$518,000
Estimated Property Value
$486,000Estimated Mortgage Balance
$41,287Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,330 /month
Positive
Cash Flow Estimate:
$1,110 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$671/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,467
$510,882
2025
$96,200
$414,682
$510,882
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,467
$510,882

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Home Mortgage Corp
Conventional
$486,000
No
First
Apr 17, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$476,713
$62,287
11%
92%
$2,914/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$3,164/mo
$-424/mo
6.3%

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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2122 Walnut Grove Ln | Property Details | No Agent List