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$1,428,000

NAL Estimated Property Value

2427 Texana Way, Richmond, TX, 77406

Off MarketInfo
Beds7 Beds
Baths5 Bath
Baths7,769 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$106.82 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 7Bedrooms 7
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Refrigerator, Microwave, Gas Cooktop, Electric Oven, ENERGY STAR Qualified Appliances
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size36,525 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces8

Land Information

APN8070-02-002-0010-901
Lot Number1
SubdivisionTexana Plantation Sec 2
Land UseResidential
Legal DescriptionTEXANA PLANTATION SEC 2, BLOCK 2, LOT 1, ACRES 0.8385
Census Tract673404
Assessed Land Value$102,270
Assessed Improvement Value$1,195,170
Assessment Year2025

About this property

Beautiful custom built Grand Estate home located in highly desired & private gated community of Texana Plantation. Home present itself as 7 bedrooms 5.5 bathroom stately home with oversize study, double spiral stair case, mosaic tile at foyer, high ceilings & beautiful stone finishes. Seller spared no expense building this stately home with 2 bedrooms down, formal living & family room separate, beautiful engineered wood floors, stainless steel appliances, imported granite counters, extra storage spaces, beautiful tile entry & trey ceilings. As you drive up on the curricular driveway beautiful double door entry welcomes you to your new home. 3 car detached oversize garage with backyard to add a future beautiful pool. Home have 2 separate stairways, oversize game room & man cave for your future endeavors. Beautiful balcony & extended covered patio to enjoy evening shades & drinks. This stately home is built on higher elevation & did not flood during hurricane season. Virtual Stage Pics.

Investor Tools

Property Icon
$1,428,000
Estimated Property Value
$926,782Estimated Mortgage Balance
$501,218Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,568 /month
Positive
Cash Flow Estimate:
$2,856 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,066/month
$1,550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,655
$1,297,440
2025
$102,270
$1,195,170
$1,297,440
No

Tax History

Year
Tax Paid
Assessed Value
2025
$17,655
$1,297,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Embrace Home Loans Inc
Va
$812,683
Yes
First
Feb 17, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$926,782
$370,658
28%
65%
$6,066/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: Richmond

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2427 Texana Way | Property Details | No Agent List