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$718,000

NAL Estimated Property Value

24214 Norwood Groves Dr, Richmond, TX, 77469

$753,602 ARVInfo
Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,798 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.47 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Refrigerator, Washer, Microwave, Gas Cooktop, Electric Oven, Oven
FlooringCarpet, Tile

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size8,278 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN8496-38-002-0040-901
Lot Number4
SubdivisionVeranda Sec 38
Land UseResidential
Legal DescriptionVERANDA SEC 38, BLOCK 2, LOT 4
Census Tract674702
Assessed Land Value$92,950
Assessed Improvement Value$546,942
Assessment Year2025

About this property

5%-5.99% INTEREST RATE offered for qualified buyers!!! Stunning 2-story home in excellent condition with rare perks! Grand entry features a curved staircase, private home office with French doors, and formal dining. Spacious 2-story family room with wall of windows and fireplace opens to a chef’s kitchen with island seating, walk-in pantry, and morning area. First-floor primary suite offers a wall of windows, dual vanities, garden tub, glass-enclosed shower, and two walk-in closets. Guest suite with private bath also on main floor. Upstairs includes a game room, media room, and 3 secondary bedrooms. Enjoy the extended covered patio and outdoor kitchen—perfect for entertaining. NO POWER OUTAGES—home is connected to Fort Bend County Courthouse power grid, eliminating the need for a generator. Three-car garage and plenty of storage throughout. A rare find offering comfort, luxury, and peace of mind—schedule your showing today! Close to Brazos Town Center and Highway 90 & 59!

Investor Tools

Property Icon
$718,000
Estimated Property Value
$0Estimated Mortgage Balance
$718,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$753,602
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,500 /month
Positive
Cash Flow Estimate:
$1,500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,281/month
$1,320/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,784
$639,892
2025
$92,950
$546,942
$639,892
No

Tax History

Year
Tax Paid
Assessed Value
2025
$11,784
$639,892

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$718,000
100%
0%
$0/mo

City: Richmond

24214 Norwood Groves Dr | Property Details | No Agent List