$345,000
NAL Estimated Property Value21618 Venture Park Dr, Richmond, TX, 77406
$353,172 ARV
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size6,604 sqft
Building Information
Year Built2007
Stories2
Roof Type105
Garage Spaces2
Land Information
APN5121-15-004-0050-901
Lot Number5
SubdivisionLong Meadow Farms Sec 15
Land UseResidential
Legal DescriptionLONG MEADOW FARMS SEC 15, BLOCK 4, LOT 5
Census Tract673404
Assessed Land Value$57,200
Assessed Improvement Value$271,107
Assessment Year2025
About this property
Located in Long Meadow Farms...a Master planned Community. This house has 4 bedrooms, an additional room that can be used as a study or extra bedroom, a HUGE gameroom, upgraded flooring throughout, granite kitchen countertops with undermount sink, refrigerator, cast stone fireplace, whirlpool master tub, full sprinkler system for the yard. Located close to entertainment & new stores in the area.
Investor Tools
$345,000
Estimated Property Value
$164,602Estimated Mortgage Balance
$180,398Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$353,171
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,070 /month
Positive
Cash Flow Estimate:
$690 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$392/month
$850/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,983
$309,125
2025
$57,200
$271,107
$328,307
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,983
$309,125
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Community Cu Of Houston
Conventional
$189,599
No
First
Sep 30, 2019
Oct 2049
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,602
$186,398
53%
48%
$1,137/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$1,987/mo
+$753/mo
9.5%
