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$315,000

NAL Estimated Property Value

23138 N Waterlake Drive, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,090 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$102.82 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave

Exterior

Lot Size6,720 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9302-01-003-0070-901
Lot Number7
SubdivisionWestpark Lakes Sec 1
Land UseResidential
Legal DescriptionWESTPARK LAKES SEC 1, BLOCK 3, LOT 7
Census Tract673403
Assessed Land Value$40,950
Assessed Improvement Value$282,086
Assessment Year2025

About this property

No Harvey flooding! NEW ROOF! This beautifully updated and WELL MAINTAINED home features 4 spacious bedrooms, a great ISLAND KITCHEN, wonderful den with raised ceilings, a romantic fireplace plus built in CUSTOM cabinets and a full size utility room. BEAUTIFUL COUNTERTOPS IN THE KITCHEN AND BOTH BATHROOMS! There is NO CARPET in this home! All of the flooring is either wood laminate or tile! The great location provides convenient access to The Grand Parkway, The Westpark Tollway, numerous shopping and entertainment venues, parks, medical facilities, employment areas and schools! Relax in the spacious back yard with no rear neighbors or go for a peaceful walk around the lake and enjoy the wonderful lifestyle this home and community have to offer!

Investor Tools

Property Icon
$315,000
Estimated Property Value
$180,185Estimated Mortgage Balance
$134,815Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$411/month
$352/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,361
$307,900
2025
$40,950
$282,086
$323,036
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,361
$307,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bankers And Mortgage Group Inc
Conventional
$208,453
No
First
Jul 10, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,185
$134,815
42%
57%
$1,250/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$1,602/mo
+$1,138/mo
10.4%

City: Richmond

23138 N Waterlake Drive | Property Details | No Agent List