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Owner Contacts

$440,000

NAL Estimated Property Value

23403 Peareson Bend Ln, Richmond, TX, 77469

Off Market

4 Beds

4 Bath

2,780 Sq Ft

Single Family Residence

$168.71 / sqft

Built in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Range, Dishwasher, Water Purifier

FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony

Lot Size7,887 sqft

Building Information

Year Built2018

Garage Spaces2

Land Information

APN8496-18-001-0290-901

Lot Number29

SubdivisionVeranda Sec 18

Land UseResidential

Legal DescriptionVERANDA SEC 18, BLOCK 1, LOT 29

Census Tract674702

Assessed Land Value$73,668

Assessed Improvement Value$345,885

Assessment Year2025

About this property

Inviting 4 Beds/3.5 Bath home, 2 Car Garage + Study. Beautiful Brick & Stone façade. Tile floors & high ceiling greets you upon entry, crown molding & baseboards continue on 1st floor. Kitchen boasts: Granite Countertops, gas range, farm house sink, Lg pantry, designer backsplash & undercounter lighting. Kitchen opens to Dining & Family Room. Owner’s suite enjoys privacy, tucked away on 1st floor, w/en-suite bathroom: dual sinks, soaking tub, separate shower & walk-in closet. 2nd floor offers high ceilings, generous bonus room, 3 Lg bedrooms & 2 full baths. Energy saving features: Double paned windows, 16 SEER HVAC, ceiling fans, radiant barrier roof. Screened in porch w/gas stub out for a grill, sprinkler system, gutters tied into French drains. Smart home features: integrated automation & voice control w/Amazon Alexa – see attached list. Nestled in Veranda w/close proximity to trails, playgrounds, pool & more. Close to shopping, restaurants, medical, roads & highways. A MUST see!

Investor Tools

$440,000

Estimated Property Value

$144,610Estimated Mortgage Balance

$295,390Estimated Equity

67% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,814 /month

Positive

Cash Flow Estimate:

$938 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$569/month

$1,350/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,623

$419,553

2025

$73,668

$345,885

$419,553

Tax History

Year

Tax Paid

Assessed Value

2025

$4,623

$419,553

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$150,000

First

May 9, 2024

Jun 2039

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$144,610

$295,390

67%

33%

$900/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,300/mo

$2,250/mo

+$50/mo

6.3%

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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