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$425,000

NAL Estimated Property Value

2123 Woodland Dr, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,836 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.67 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Water Softener, Convection Oven, Electric Oven, Oven, Microwave, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size7,905 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5740-07-004-0120-907
Lot Number12
SubdivisionPecan Grove Plantation Sec 7
Land UseResidential
Legal DescriptionPECAN GROVE PLANTATION SEC 7, BLOCK 4, LOT 12
Census Tract673502
Assessed Land Value$94,380
Assessed Improvement Value$289,968
Assessment Year2025

About this property

Welcome to this uniquely designed property located on #3 tee in highly sought after Pecan Grove golf course offering breathtaking relaxing water views of the golf course and private pool! This 1-1/2 story home features 3 full bedrooms and 3 full bathrooms with 2 beds/2 baths on the 1st floor, 2 living areas, 2nd floor balcony, and Generac generator installed in 2022. Refrigerator and washer/dryer convey with home, along with 3 TVs, pool cover, etc. Main upgrades include new roof in 2019, pool installed in 2017, electrical panel replaced in 2017, also in 2017 replaced upstairs HVAC and upstairs balcony flooring and railing, 2023 replaced breakfast room windows, and back patio door with new sliding glass door. View full list of conveying items and upgrades in documents. Buyers moving into Pecan Grove enjoy a family-friendly community with low HOA dues and low taxes, and is also nationally recognized during Christmas time for the spectacular displays of Christmas Spirit for all to enjoy!

Investor Tools

Property Icon
$425,000
Estimated Property Value
$344,230Estimated Mortgage Balance
$87,770Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$500/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,880
$384,348
2025
$94,380
$289,968
$384,348
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,880
$384,348

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Conventional
$350,400
No
First
May 28, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$344,230
$87,770
20%
81%
$2,101/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$2,321/mo
+$419/mo
7.7%

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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2123 Woodland Dr | Property Details | No Agent List