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$561,200

2206 Spanish Forest Lane, Richmond, TX, 77406

$592,864 ARVInfo
On MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,338 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.37 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Private PoolPrivate Pool
Lot Size9,829 sqft

Building Information

Year Built1995
Stories2
Roof Type105
Garage Spaces2

Land Information

APN5740-17-003-0070-907
Lot Number7
SubdivisionPecan Grove Plantation Sec 17
Land UseResidential
Legal DescriptionPECAN GROVE PLANTATION SEC 17, BLOCK 3, LOT 7
Census Tract673502
Assessed Land Value$115,700
Assessed Improvement Value$424,889
Assessment Year2025

About this property

Welcome to 2206 Spanish Forest in the well known Pecan Grove subdivision. Vacant and ready for immediate move-in. Home office and formal dining area. Kitchen with stainless steel appliance, desk nook, breakfast area, and large island. Living room with views of the backyard and fireplace. Primary retreat complete with separate sink areas, vanity area, jetted tub and walk-in shower. Upstairs is a spacious game and 4 secondary bedrooms with shared bathrooms. A covered patio area, outdoor kitchen, plus pool. Walking distance to the elementary school, in a great established neighborhood.

Investor Tools

$443,755Estimated Mortgage Balance
$112,245Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$592,864
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,367 /month
Positive
Cash Flow Estimate:
$1,122 /month

Interested in this property?

Joseph Manuel

Connect Realty.com

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$898/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,995
$540,589
2025
$115,700
$424,889
$540,589
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,995
$540,589

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$472,030
Yes
First
Mar 24, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$443,755
$112,245
20%
80%
$2,831/mo

City: Richmond