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$667,445

NAL Estimated Property Value

24339 Norwood Groves Drive, Richmond, TX, 77469

$701,800 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,460 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.58 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Trash Compactor, Microwave, Dishwasher
FlooringVinyl

Exterior

Lot Size26,651 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN8496-38-001-0100-901
Lot Number10
SubdivisionVeranda Sec 38
Land UseResidential
Legal DescriptionVERANDA SEC 38, BLOCK 1, LOT 10
Census Tract674702
Assessed Land Value$157,271
Assessed Improvement Value$510,174
Assessment Year2025

About this property

Beautiful home in the Veranda community, ideally situated on nearly one acre at the end of a quiet cul-de-sac. Enjoy peaceful living just minutes from Highway 59. This property features lush landscaping with white roses, magnolia, and oak trees. Inside, you’ll find an open-concept kitchen with a fireplace, bar, and wine fridge—perfect for entertaining. Additional highlights include a cozy movie room and a spacious primary suite with luxurious amenities. The home is also equipped with a gas line for a future outdoor kitchen and pre-wired for surround sound. This exceptional property is ready to become your forever home.

Investor Tools

Property Icon
$667,445
Estimated Property Value
$600,925Estimated Mortgage Balance
$66,520Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$701,799
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,434 /month
Positive
Cash Flow Estimate:
$1,478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,308/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,360
$667,445
2025
$157,271
$510,174
$667,445
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,360
$667,445

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crestmark Mortgage Company Ltd
Conventional
$647,200
No
First
Jul 28, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$600,925
$66,520
9%
90%
$3,881/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,300/mo
$5,081/mo
$-2,781/mo
4.1%

City: Richmond

24339 Norwood Groves Drive | Property Details | No Agent List