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$323,000

NAL Estimated Property Value

26107 Parkman Grove Dr, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,119 Sq Ft
price_per_sqft$101.23 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Free-Standing Range, Dishwasher, Oven
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size5,216 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APN8506-01-004-0110-901
Lot Number11
SubdivisionVillas At Westheimer Lakes Sec 1
Land UseResidential
Legal DescriptionVILLAS AT WESTHEIMER LAKES SEC 1, BLOCK 4, LOT 11
Census Tract673402
Assessed Land Value$37,180
Assessed Improvement Value$242,253
Assessment Year2025

About this property

This well maintained gem is sure to please. Once a model home and still shows like one. Wonderful natural light floods the entire home with floor to ceiling windows. Open floor plan joins the beautiful kitchen with huge pantry to the spacious family room. Step out onto your covered back patio and enjoy the large backyard for coffee each morning. Upstairs you will find 2 good sized secondary bedrooms and an oversized primary bedroom. Primary bath has separate tub/shower and a walk in closet. No carpet!! Located in great area with easy access to shopping, entertainment, and restaurants. Just seconds from West Park toll road. Contact me for your showing today!

Investor Tools

Property Icon
$323,000
Estimated Property Value
$178,711Estimated Mortgage Balance
$144,289Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,938 /month
Positive
Cash Flow Estimate:
$646 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$369/month
$815/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,813
$279,433
2025
$37,180
$242,253
$279,433
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,813
$279,433

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$199,938
Yes
First
Nov 30, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$178,711
$144,289
44%
55%
$1,199/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$2,014/mo
+$106/mo
7.9%

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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26107 Parkman Grove Dr | Property Details | No Agent List