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B+
NoAgentList RatingHow are grades calculated? Info

$537,000

2227 Old South Dr, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,788 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.27 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood

Exterior

Lot Size14,837 sqft

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3570-00-002-0010-907
Lot Number1
SubdivisionGreens At Pecan Grove Plt
Land UseResidential
Legal DescriptionGREENS AT PECAN GROVE PLT, BLOCK 2, LOT 1 (PT 14527 SQ')
Census Tract673502
Assessed Land Value$151,125
Assessed Improvement Value$333,753
Assessment Year2025

About this property

Absolutely stunning, fully renovated one-story on the golf course in sought-after Pecan Grove! This 3-bedroom home offers a private study, game room with custom wet bar plus beverage frig, and a spacious den anchored by a dual-sided fireplace with stacked slate surround and custom mantle. The open-concept layout features wood-look ceramic tile flooring throughout and a redesigned kitchen with seamless 10’ quartz island, hidden walk-in pantry, high-end appliances, custom cabinetry with cup/glass storage, pot drawers, spice rack, and built-in utensil organizer. The serene primary suite includes a recent spa-inspired bath with walk-in shower, freestanding tub, and a bonus nook for sitting or workouts. Highlights: oversized laundry room, permanent LED holiday lights, circular driveway, fire pit area, and garage storage. Enjoy a covered patio overlooking the golf course and a beautifully maintained, oversized lot with no back neighbors, just fairway! Do not miss this unique opportunity!

Investor Tools

Property Icon
$537,000
Estimated Property Value
$350,000Estimated Mortgage Balance
$0Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$664/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,282
$484,878
2025
$151,125
$333,753
$484,878
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,282
$484,878

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Conventional
$350,000
No
First
Aug 6, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$345,401
$198,599
36%
64%
$2,099/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$2,349/mo
$-229/mo
4.7%

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.

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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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2227 Old South Dr | Property Details | No Agent List