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$259,990

NAL Estimated Property Value

242 Success Street, Richwood, TX, 77531

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,803 Sq Ft
price_per_sqft$119.25 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating ElectricHeating Electric
CoolingCooling
AppliancesDishwasher

Exterior

Lot Size15,002 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces3

Land Information

APN3200-0133-000
Lot Number11
SubdivisionDavidson Slater Place
Land UseResidential
Legal DescriptionDAVIDSON SLATER PLACE (A0066 J E GROCE TR 105A)(RICHWOOD) BLK 9 LOT 11
Census Tract663700
Assessed Land Value$37,500
Assessed Improvement Value$222,490
Assessment Year2025

About this property

Pull up to 242 Success with parking to spare in this extra wide driveway in the front that carries into the backyard where there is an oversized 2 car garage. Inside you will fall in love with the spacious, sunny kitchen and dining area. The utility room is for more than just doing the laundry in this home, there is room for storage, crafts and your deep freeze. Both bathrooms have been beautifully updated with fresh paint throughout. NO FLOODING, no popcorn ceilings, low electric bill, well insulated. Window update in 2011, stove in 2018, water heater 2015, bathrooms 2020.

Investor Tools

Property Icon
$259,990
Estimated Property Value
$143,869Estimated Mortgage Balance
$116,121Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$415/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,682
$259,990
2025
$37,500
$222,490
$259,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,682
$259,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$160,000
No
First
Feb 12, 2021
Mar 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$143,869
$116,121
44%
55%
$960/mo

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: Richwood

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242 Success Street | Property Details | No Agent List