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$593,600

NAL Estimated Property Value

23519 Spencer Meadow Ln, Richmond, TX, 77469

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,670 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.94 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Convection Oven, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size7,902 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN8496-26-002-0080-901
Lot Number8
SubdivisionVeranda Sec 26
Land UseResidential
Legal DescriptionVERANDA SEC 26, BLOCK 2, LOT 8
Census Tract674702
Assessed Land Value$81,510
Assessed Improvement Value$525,642
Assessment Year2025

About this property

Welcome to this unique & spacious home located in the highly desirable Veranda neighborhood—just a short walk to the neighborhood school! With a striking & highly durable synthetic stucco & brick exterior, this home makes an immediate impression. Inside, you’re greeted by warm engineered wood flooring, soaring ceilings, & a bright, open layout. A dedicated office provides the perfect space for working from home. The open-concept kitchen, family room, & dining area are ideal for entertaining, featuring a Lg island w/pendant lighting, gas cooktop, & walk-in pantry. The private owner’s suite is tucked away on the 1st floor & features an en-suite bath w/dual sinks, soaking tub, separate shower, & spacious walk-in closet. Upstairs, enjoy a generous game room, 3 Lg bedrooms, 2 full baths, &a surprise bonus media room—perfect for movie nights or game days. Experience Veranda lifestyle w/access to trails, tennis courts, playgrounds, a pool, &more. This is more than a home—it’s a destination!

Investor Tools

Property Icon
$593,600
Estimated Property Value
$471,719Estimated Mortgage Balance
$121,881Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,720 /month
Positive
Cash Flow Estimate:
$1,240 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$848/month
$1,320/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,206
$593,600
2025
$81,510
$525,642
$607,152
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,206
$593,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Service Cu
Conventional
$478,000
No
First
Aug 22, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$471,719
$121,881
20%
79%
$2,866/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,300/mo
$4,186/mo
$-1,886/mo
4.6%

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.

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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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23519 Spencer Meadow Ln | Property Details | No Agent List