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$304,000

NAL Estimated Property Value

2603 Old River Lane, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,056 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$102.09 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave

Exterior

Lot Size6,600 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6467-04-002-0260-901
Lot Number26
SubdivisionRivers Edge Sec 4
Land UseResidential
Legal DescriptionRIVERS EDGE SEC 4, BLOCK 2, LOT 26
Census Tract673401
Assessed Land Value$46,145
Assessed Improvement Value$244,030
Assessment Year2025

About this property

The perfect home is right here and ready for you! You must come see this spacious 3/4 bedroom home with plenty of upgrades to make your day to day living a little more pleasurable. With tiled and wood floors through most of the house, granite counters in the kitchen and each bathroom, flowing open floor plan, recessed lighting, spacious living areas, a beautiful and spacious formal dining area, a great flexible use room perfect for a home office, a gameroom/media room or even a fourth bedroom, nice sized backyard with a built in grilling area and no back neighbors! Minutes from highway 90, the neighborhood baseball and soccer fields are just at the end of the street. and the neighborhood pool is within walking distance!

Investor Tools

Property Icon
$304,000
Estimated Property Value
$190,492Estimated Mortgage Balance
$113,508Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,824 /month
Positive
Cash Flow Estimate:
$608 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$350/month
$685/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,681
$288,761
2025
$46,145
$244,030
$290,175
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,681
$288,761

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$211,850
No
First
Mar 9, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,492
$113,508
37%
63%
$1,271/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,956/mo
+$164/mo
8.4%

City: Richmond

2603 Old River Lane | Property Details | No Agent List