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$297,000

NAL Estimated Property Value

23102 N Waterlake Dr, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,683 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.25 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Convection Oven, Gas Oven, Oven, Free-Standing Range, Gas Range, Dryer, Refrigerator, Washer
FlooringTile

Exterior

Lot Size6,720 sqft

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9302-01-003-0150-901
Lot Number15
SubdivisionWestpark Lakes Sec 1
Land UseResidential
Legal DescriptionWESTPARK LAKES SEC 1, BLOCK 3, LOT 15
Census Tract673403
Assessed Land Value$40,950
Assessed Improvement Value$245,040
Assessment Year2025

About this property

This beautiful well maintained home is conveniently located with quick easy access to the Grand Pkwy, Westpark Tollway, and Interstates 10 & 59. Like new 1-story featuring 3 beds/2 full baths completely remodeled in January 2022 after the 2021 ice freeze in Houston. The house has very neutral light and bright colors offering a cool yet cozy relaxing atmosphere. Major interior upgrades include new Pex pipe, sheetrock, custom cabinetry, front, interior, and back French doors, baseboards/crown molding, both bathrooms completely retiled with new glass enclosures and quartz counters, ceiling fans, granite counters in kitchen and backsplash, new duct work and blown-in insulation in 2025, new roof and gutters complete with leaf guards in 2022, interior and exterior completely painted, new light fixtures, new water heater in 2021, new HVAC system in 2018, beautiful sun blocking exterior screens in 2019, plus so much more...please see full detailed list of remodeling done in Attachments.

Investor Tools

Property Icon
$297,000
Estimated Property Value
$0Estimated Mortgage Balance
$159,214Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$182/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$699
$271,871
2025
$40,950
$245,040
$285,990
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$699
$271,871

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$297,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$420/mo
+$1,700/mo
8.6%

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.

Explore Texas Explore This Area
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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23102 N Waterlake Dr | Property Details | No Agent List