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$1,050,000

21431 Skinner Ridge Lane, Richmond, TX, 77406

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,805 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$374.33 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDouble Oven, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringVinyl Plank

Exterior

Private PoolPrivate Pool
Exterior FeaturesBack Green Space, Side Yard, Sprinkler System
Lot Size4.37 acres

Building Information

Year Built1995
Stories1
Roof Type320
Garage Spaces6

Land Information

APN5110-00-000-0090-901
Lot Number9
SubdivisionLocke Realtors S/D
Land UseResidential
Legal DescriptionLOCKE REALTORS S/D, LOT 9, ACRES 4.3698
Census Tract673404
Assessed Land Value$120,422
Assessed Improvement Value$667,578
Assessment Year2025

About this property

Country living just off the paved roads that lead to the city - in Richmond Texas. 4+ acres gives room to keep your horses on your property in a cross-fenced pasture. This home features a beautiful atrium in the center adding intentional privacy to the 2 main living spaces. The pantry storage is a must see! A primary suite is nestled near the back of the home away from the secondary bedrooms. Functionality is apparent in the large laundry room featuring a granite counter with ample storage and space for an additional refrigerator and stand-up freezer. Plenty of outdoor storage options - 2 detached garages offer bays for 6 with climate control in one of the 3 bay buildings - tack shed storage, fenced run, etc. Grow your own garden here! Enjoy the sparkling pool just off the large covered patio. With only 10 acreage homesites in this neighborhood, your day will begin and end on your own Texas ranchette. Ask your agent for the additional feature sheet.

Investor Tools

$396,318Estimated Mortgage Balance
$643,682Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,300 /month
Positive
Cash Flow Estimate:
$2,100 /month

Interested in this property?

Nimesh Patel

RE/MAX Fine Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,274/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,092
$788,000
2025
$120,422
$667,578
$788,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,092
$788,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$447,000
No
First
Oct 21, 2020
Nov 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$396,318
$643,682
61%
38%
$2,680/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$3,180/mo
$-1,060/mo
2.4%

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.

Explore Texas Explore This Area
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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21431 Skinner Ridge Lane | Property Details | No Agent List