2view

Owner Contacts

$176,000

NAL Estimated Property Value

231 Collins Rd, Richmond, TX, 77469

Off Market

Lease

3 Beds

2 Bath

1,253 Sq Ft

$1.22 / sqft

Built in 1960

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

AppliancesGas Oven, Oven, Electric Range, Gas Cooktop, Dishwasher

FlooringCarpet, Laminate

Exterior

Lot Size4,250 sqft

Building Information

Year Built1960

Stories1

Roof Type105

Land Information

APN5575-00-001-0260-901

Lot Number26

SubdivisionSam Mellon Addn

Land UseResidential

Legal DescriptionSAM MELLON ADDN, BLOCK 1, LOT 26

Census Tract674900

Assessed Land Value$37,188

Assessed Improvement Value$95,630

Assessment Year2025

About this property

Welcome to 231 Collins Rd., a beautiful and spacious 3-bedroom, 2-bath rental home offering comfort and convenience in a desirable location! Step inside to find an open floor plan with bright and airy living spaces, perfect for entertaining. The modern kitchen features ample cabinet space, sleek countertops, and updated appliances. The primary suite includes a private bathroom and generous closet space, while the two additional bedrooms are well-sized for family, guests, or a home office. Enjoy outdoor living in the large backyard, ideal for gatherings or quiet evenings. Conveniently located near shopping, dining, parks, and top-rated schools, this home offers easy access to major highways for commuting. Key Features: 3 Bedrooms, 2 Bathrooms Spacious Living Areas Modern Kitchen with Ample Storage Primary Suite with Private Shower/Bath Large Backyard Don’t miss out on this wonderful rental opportunity! MOVE IN SPECIAL $150 OFF 1ST MONTHS RENT; FOR TENANT THAT MOVES IN ASAP

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$317/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,921

$132,818

2025

$37,188

$95,630

$132,818

Tax History

Year

Tax Paid

Assessed Value

2025

$2,921

$132,818

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Emporium Tpo Llc

Conventional

$142,500

First

Feb 28, 2025

Mar 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$139,348

$21,652

13%

79%

$855/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,780/mo

$855/mo

+$925/mo

12.1%

Learn About the Market: Opportunity in Texas

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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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