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Owner Contacts

$947,000

NAL Estimated Property Value

2611 Sandy Point Dr, Richmond, TX, 77406

Off Market

3 Beds

3 Bath

3,945 Sq Ft

$139.16 / sqft

Built in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Ice Maker, Refrigerator, Microwave, Electric Cooktop, Gas Cooktop, Convection Oven

FlooringCarpet, Tile, Wood

Exterior

Lot Size35,462 sqft

Building Information

Year Built2002

Stories1

Roof Type105

Garage Spaces7

Land Information

APN8070-03-004-0020-901

Lot Number2

SubdivisionTexana Plantation Sec 3

Land UseResidential

Legal DescriptionTEXANA PLANTATION SEC 3, BLOCK 4, LOT 2, ACRES 0.8141, (ACREAGE CALCULATED)

Census Tract673404

Assessed Land Value$99,294

Assessed Improvement Value$682,111

Assessment Year2025

About this property

Grand Estate custom built home located in highly desired & private gated community of Texana Plantation. This beautiful home is 3 bedrooms 2.5 bathroom. Seller spared no expense building this grand home with 3 bedrooms 2.5 baths, brazillian cherry wood floors, stainless steel appliances 2 microwaves & warming drawer, granite counters, hidden storage spaces, beautiful entry & coffered ceilings, central vacuum system, massive Attic storage with full staircase, Hallway night lights & under counter lights, custom drapes, Ice maker in butlers pantry, whole house surge protector, water softener, Home is very energy efficient - Vent skinned - Low E windows - Tech shield on new roof -Uv lights in both ACs for improved air quality. As you drive up on the curricular driveway beautiful double door entry welcomes you to your new home. 3 car oversize garage RV or boat storage with 12 ft door. 38ft RV will fit. Extended covered patio to enjoy evening shades & drinks. Home did not flood.

Investor Tools

$947,000

Estimated Property Value

$534,729Estimated Mortgage Balance

$412,271Estimated Equity

40% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,682 /month

Positive

Cash Flow Estimate:

$1,894 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,227/month

$1,850/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,994

$781,405

2025

$99,294

$682,111

$781,405

Tax History

Year

Tax Paid

Assessed Value

2025

$9,994

$781,405

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bank Of America Na

Conventional

$578,000

First

May 16, 2022

Jun 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$534,729

$357,271

40%

56%

$3,466/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,120/mo

$5,316/mo

$-3,196/mo

2.7%

Learn About the Market: Opportunity in Texas

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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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