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Owner Contacts

$825,000

NAL Estimated Property Value

23610 Rimini Ct, Richmond, TX, 77406

Off Market

4 Beds

5 Bath

4,613 Sq Ft

$124.63 / sqft

Built in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 4

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Refrigerator, Microwave, Gas Cooktop, Gas Oven, Oven

FlooringCarpet, Marble, Tile

Exterior

Lot Size14,169 sqft

Building Information

Year Built2012

Roof Type105

Garage Spaces3

Land Information

APN4777-08-001-0230-901

Lot Number23

SubdivisionLakes Of Bella Terra Sec 8

Land UseResidential

Legal DescriptionLAKES OF BELLA TERRA SEC 8, BLOCK 1, LOT 23

Census Tract673403

Assessed Land Value$145,646

Assessed Improvement Value$604,285

Assessment Year2025

About this property

You'll love this semi-custom David Powers home located in the gated section of Monte Leon in Lakes of Bella Terra. This Luxurious, 4 Bdrm/4.5 Bath home is a MUST SEE! This open plan makes entertaining a breeze! The beautiful Kitchen w/ custom Harbinger Cabinetry, Kitchen-aid Architect Series II Stainless steal appliances & massive Island unites the Breakfast Area & Family Room into a PERFECT SPACE. Master Retreat w/ LUXURIOUS Bath w/ Barrel & Groin vaulted ceiling, over-sized shower, walk-in closet w/ built in shelves & dressers. Stunning chandeliers, custom curtains, crown molding & tray ceilings add to the elegance. Movie nights will come alive in the Media Room w/ reclining theater seats, surround sound, 3D projector, & 120" screen! Secondary Bedrooms ALL have an en suite bath. 3-car garage w/ epoxy floor. Covered porches w/ beadboard ceiling. WHOLE HOUSE GENERATOR. Home EXCEEDS Energy Star Codes by 20%. (Guardian ECO Certified)16 SEER high-efficiency A/C. High & dry, Never Flooded

Investor Tools

$825,000

Estimated Property Value

$346,455Estimated Mortgage Balance

$478,545Estimated Equity

58% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,950 /month

Positive

Cash Flow Estimate:

$1,650 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,196/month

$1,120/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$10,221

$748,000

2025

$145,646

$604,285

$749,931

Tax History

Year

Tax Paid

Assessed Value

2025

$10,221

$748,000

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Together Cu

Arm (Adjustable Rate Mortgage)

$406,000

First

May 1, 2019

May 2049

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$346,455

$482,545

58%

42%

$1,855/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,740/mo

$2,975/mo

$-235/mo

4.0%

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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