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$308,000

NAL Estimated Property Value

2318 Willow Bend Dr, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,929 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.25 / sqft
Year BuiltBuilt in 1982

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, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dishwasher, Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size9,860 sqft

Building Information

Year Built1982
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3780-03-009-0790-901
Lot Number79
SubdivisionThe Grove Sec 3
Land UseResidential
Legal DescriptionTHE GROVE SEC 3, BLOCK 9, LOT 79
Census Tract673600
Assessed Land Value$52,325
Assessed Improvement Value$193,128
Assessment Year2025

About this property

Located in the desirable Pecan Grove neighborhood, this charming 3/2/2 home boasts a huge, serene backyard oasis complete with shade trees, a large paver patio, koi pond, fountain, and beautiful landscaping. The primary bedroom has a high ceiling and fan and has French doors leading to the alluring back yard. The recently remodeled kitchen designed for efficiency features granite countertops, tile, and recent appliances. A view to the back yard from the pleasant family room is just the setting you need to relax. A high ceiling, beautiful chandelier, and a fireplace are features of the family room. A versatile loft space is a bonus and can be used as a game room, study, exercise area, or an extra bedroom. Fairly recent paint, paint, garbage disposal, A/C unit, and a totally remodeled primary shower are among other newer items. The back yard is truly to be envied. Don't miss out on the opportunity to own this well maintained home. Come see today!!

Investor Tools

Property Icon
$308,000
Estimated Property Value
$284,580Estimated Mortgage Balance
$23,420Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,889 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
$195/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,108
$245,453
2025
$52,325
$193,128
$245,453
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,108
$245,453

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Affordable Mortgage Advisors Llc
Fha
$288,369
Yes
First
Aug 11, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,580
$27,420
8%
92%
$1,729/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$1,924/mo
+$816/mo
10.7%

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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2318 Willow Bend Dr | Property Details | No Agent List