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Owner Contacts

$559,493

NAL Estimated Property Value

21423 Cold Rain Drive, Richmond, TX, 77407

Off Market

4 Beds

4 Bath

2,600 Sq Ft

Single Family Residence

$207.65 / sqft

Built in 2016

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Oven, Gas Cooktop, Dishwasher

FlooringCarpet, Tile

Exterior

Private Pool

Lot Size10,870 sqft

Building Information

Year Built2016

Garage Spaces2

Land Information

APN5121-41-001-0300-901

Lot Number30

SubdivisionLong Meadow Farms Sec 41

Land UseResidential Single Family Houses

Legal DescriptionLONG MEADOW FARMS SEC 41, BLOCK 1, LOT 30

Census Tract672903

Assessed Land Value$67,085

Assessed Improvement Value$492,408

Assessment Year2025

About this property

STUNNING HIGHLAND HOME nestled in the heart of Long Meadow Farms with 4 beds, 3.5 baths, POOL + STUDY + 3 CAR GARAGE WITH WORKSHOP! THIS HOME HAS IT ALL! THE WELL EQUIPPED GOURMET KITCHEN BOASTS GRANITE COUNTERS, STAINLESS STEEL APPLIANCES, GAS RANGE & LARGE ISLAND. PRIMARY bedroom is STYLISH & SPACIOUS with coffered ceiling and LUXURIOUS EN-SUITE BATHROOM. FLOOR TO CEILING STONE STACKED FIREPLACE & THE TWO STORY SWEEPING STAIRCASE leads to three secondary bedrooms, 2 full bathrooms & a large game room. BACKYARD IS PARADISE WITH RESORT-STYLE POOL AND SPA WITH WATERFALL FEATURE + TWO umbrella holes. THE COVERED PATIO IS SPACIOUS and includes a KatchAKid pool fence for heightened safety. 2022 ADT SECURITY SYSTEM + POOL MONITORING FEATURE. Neighborhood amenities include 4 pools (3 resort-style and 1 competition), lakes, playgrounds, walking trails, tennis courts and fitness center. Located near Grand Parkway with easy access to Sugar Land, Katy, & Downtown. SEE LIST OF FEATURES ATTACHED

Investor Tools

$559,493

Estimated Property Value

$0Estimated Mortgage Balance

$559,493Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,357 /month

Positive

Cash Flow Estimate:

$1,119 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$791/month

$875/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,700

$559,493

2025

$67,085

$492,408

$559,493

Tax History

Year

Tax Paid

Assessed Value

2025

$6,700

$559,493

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$559,493

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,050/mo

$875/mo

+$2,175/mo

6.5%

Learn About the Market: Opportunity in Texas

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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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