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$343,000

NAL Estimated Property Value

2418 Old Dixie Dr, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,380 Sq Ft
price_per_sqft$95.8 / sqft
Year BuiltBuilt in 1988

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Refrigerator, Microwave, Gas Range, Double Oven
FlooringCarpet, Tile

Exterior

Lot Size6,783 sqft

Building Information

Year Built1988
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3780-06-001-0050-907
Lot Number5
SubdivisionThe Grove Sec 6
Land UseResidential
Legal DescriptionTHE GROVE SEC 6, BLOCK 1, LOT 5
Census Tract673404
Assessed Land Value$39,000
Assessed Improvement Value$259,729
Assessment Year2025

About this property

Welcome to this immaculate 2-story open floor home that is recently remodeled with many updates. The house endorses lovely new modern light fixtures, BRAND NEW HVAC SYSTEMS, fresh interior paint, new tile flooring throughout the first floor, new carpet throughout the second floor, and brand new garage systems. The KITCHEN AND BATHROOMS have been completely remodeled with GRANITE COUNTERTOPS, GLASS BACKSPLASHES, AND SS APPLIANCES! The backyard fences are also brand new. Last but not least, enjoy a big backyard with no back door neighbors that is perfect for outdoor family fun. This one is a MUST SEE! NEVER FLOODED.

Investor Tools

Property Icon
$343,000
Estimated Property Value
$186,900Estimated Mortgage Balance
$156,100Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,058 /month
Positive
Cash Flow Estimate:
$686 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$218/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$895
$298,729
2025
$39,000
$259,729
$298,729
No

Tax History

Year
Tax Paid
Assessed Value
2025
$895
$298,729

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Building Or Construction Loan
$213,000
No
First
Feb 21, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,900
$146,100
43%
54%
$1,278/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$1,478/mo
+$1,262/mo
9.6%

City: Richmond

2418 Old Dixie Dr | Property Details | No Agent List