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$414,758

NAL Estimated Property Value

218 Fairwood Springs Lane, Richmond, TX, 77406

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,711 Sq Ft
price_per_sqft$98.67 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Range, Gas Oven
FlooringCarpet, Tile

Exterior

Lot Size7,671 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN6467-05-004-0160-901
Lot Number16
SubdivisionRivers Edge Sec 5
Land UseResidential
Legal DescriptionRIVERS EDGE SEC 5, BLOCK 4, LOT 16
Census Tract673401
Assessed Land Value$64,740
Assessed Improvement Value$351,584
Assessment Year2025

About this property

Come see the Beautiful River's Edge community located in Richmond, Texas. Newly constructed single family homes with spacious floor plans. Serene nature parks, a party barn, recreational center with a pool, playground, sand volleyball court, baseball and soccer field for everyone to enjoy.

Investor Tools

Property Icon
$414,758
Estimated Property Value
$224,294Estimated Mortgage Balance
$190,464Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,489 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$425/month
$695/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,027
$414,758
2025
$64,740
$351,584
$416,324
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,027
$414,758

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$250,434
Yes
First
Dec 22, 2020
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$224,294
$190,464
45%
54%
$1,502/mo

City: Richmond

218 Fairwood Springs Lane | Property Details | No Agent List