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$411,118

NAL Estimated Property Value

21311 Cold Rain Dr, Richmond, TX, 77407

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,263 Sq Ft
price_per_sqft$205.48 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size5,965 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN5121-41-002-0200-901
Lot Number20
SubdivisionLong Meadow Farms Sec 41
Land UseResidential
Legal DescriptionLONG MEADOW FARMS SEC 41, BLOCK 2, LOT 20
Census Tract672903
Assessed Land Value$49,400
Assessed Improvement Value$361,718
Assessment Year2025

About this property

WOW! NEW PRICE! THIS HOME IS SO WELL MAINTAINED AND BARELY LIVED IN. ORIGINAL OWNER ONE PERSON. HIGHLAND HOME'S POPULAR PLAN! UPGRADED APPLIANCE PACKAGE INCLUDED SS APPLIANCES, GAS 5 BURNER COOKTOP,GRANITE AND 42" BENETTINI CABINETS ALL IN THIS GOURMET ISLAND KITCHEN OPENS TO FAMILY ROOM. MASTER RETREAT IN BACK OF HOME OFF HUGE COVERED PATIO. ONE BEDROOM HAS ITS OWN PRIVATE BATH. STUDY AND FORMAL DINING AS WELL. BEAUTIFUL WOOD FLOORS THRU-OUT. STONE FP. CUSTOM BLINDS. MANY MORE UPGRADES TO SEE, READY MOVE IN HOME. SELLER OFFERING HOME WARRANTY WITH ACHOSA FOR FIRST YEAR. NEW ELEMENTARY SCHOOL BEING BUILT VERY CLOSE BY. MASTER PLANNED COMMUNITY WITH LOTS OF AMENITIES (POOLS,PARKS & TRAILS). DON'T MISS THIS ONE.

Investor Tools

Property Icon
$411,118
Estimated Property Value
$268,739Estimated Mortgage Balance
$79,604Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,790 /month
Positive
Cash Flow Estimate:
$930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$546/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,497
$411,118
2025
$49,400
$361,718
$411,118
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,497
$411,118

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Conventional
$297,700
No
First
Apr 12, 2021
May 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,739
$142,379
34%
65%
$1,785/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,050/mo
$2,685/mo
+$365/mo
8.9%

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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21311 Cold Rain Dr | Property Details | No Agent List