$325,015
NAL Estimated Property Value23130 S Waterlake Dr, Richmond, TX, 77406
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Oven, Microwave, Free-Standing Range, Gas Cooktop, Gas Range, Dishwasher
FlooringLaminate, Tile
Exterior
Lot Size5,628 sqft
Building Information
Year Built2000
Stories2
Roof Type105
Garage Spaces2
Land Information
APN9302-01-004-0280-901
Lot Number28
SubdivisionWestpark Lakes Sec 1
Land UseResidential
Legal DescriptionWESTPARK LAKES SEC 1, BLOCK 4, LOT 28
Census Tract673403
Assessed Land Value$38,903
Assessed Improvement Value$286,112
Assessment Year2025
About this property
Great family home located in popular Westpark Lakes in Richmond on the lake with beautiful views! 4 beds, 2.5 baths, plus an attached 2 car garage. Fireplace in the family room off the kitchen. All the bedrooms are generously sized! Easy access to Westpark Toll Road and The Grand Parkway! Located only 30 minutes from downtown Houston. Outstanding school district and close to shopping makes this a great home!
Investor Tools
$325,015
Estimated Property Value
$120,703Estimated Mortgage Balance
$204,312Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$597/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,543
$325,015
2025
$38,903
$286,112
$325,015
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,543
$325,015
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
C & T Mortgage Inc
Conventional
$136,700
No
First
May 5, 2020
Jun 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,703
$204,312
62%
37%
$820/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$820/mo
+$1,920/mo
10.1%
