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$491,000

NAL Estimated Property Value

23747 Travers Hill Rd, Richmond, TX, 77469

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,643 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.99 / sqft
Year BuiltBuilt in 2022

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, Microwave, Gas Cooktop, Dishwasher, Water Purifier
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,091 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN8496-40-002-0160-901
Lot Number16
SubdivisionVeranda Sec 40
Land UseResidential
Legal DescriptionVERANDA SEC 40, BLOCK 2, LOT 16
Census Tract674702
Assessed Land Value$72,823
Assessed Improvement Value$409,146
Assessment Year2025

About this property

This stunning one-story property offers a perfect blend of luxury, comfort, and modern living, nestled in the serene and picturesque community of Veranda. You'll especially love the natural light that flows through the home. Gourmet kitchen features high-end appliances, granite countertops, and a large island AND peninsula! Retreat to the luxurious master suite, complete with a spa-like bathroom, walk-in closet, and a private balcony with breathtaking views. With four spacious bedrooms, three elegantly designed bathrooms, a back yard facing home office perfect for remote work, and a versatile game room, this property has it all! Additional goodies include an added water softener with reverse osmosis system, home entertainment and security pre-wire, covered back patio and sprinkler system, and it is Smart home ready! Located in a tranquil neighborhood in close proximity to dog park & playground, yet just a short drive from top-rated schools, shopping, dining, and entertainment options.

Investor Tools

Property Icon
$491,000
Estimated Property Value
$480,320Estimated Mortgage Balance
$10,680Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,108 /month
Positive
Cash Flow Estimate:
$1,036 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$835/month
$110/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,562
$481,969
2025
$72,823
$409,146
$481,969
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,562
$481,969

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Loan Store Inc
Fha
$493,487
Yes
First
Nov 25, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$480,320
$10,680
2%
98%
$2,959/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,300/mo
$3,069/mo
$-769/mo
5.6%

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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23747 Travers Hill Rd | Property Details | No Agent List