28Days on Market

1view

$564,900

$579,900

26223 Polaris Rise Ln, Richmond, TX, 77406

On Market

Price Drop

4 Beds

3 Bath

3,253 Sq Ft

Single Family Residence

$173.66 / sqft

Built in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesWater Heater, Disposal, Microwave, Dishwasher, Cooktop

FlooringBamboo, Carpet, Tile

Exterior

Lot Size8,628 sqft

Building Information

Year Built2021

Garage Spaces2

Land Information

APN2230-04-004-0270-901

Lot Number27

SubdivisionCandela Sec 4

Land UseResidential

Legal DescriptionCANDELA SEC 4, BLOCK 4, LOT 27

Census Tract673402

Assessed Land Value$112,125

Assessed Improvement Value$452,923

Assessment Year2025

About this property

UPGRADED LIVING, 4 bdrm, 3.5 bth home in Candela. This home creates an inviting first impression. The entry is spacious & elegant, w/an extraordinary staircase. Study w/French Doors equipped for multi-use. Bright interiors, w/layout designed for daily living. Abundant natural light flows through the expansive windows, highlighting the fireplace. Kitchen equipped w/modern appliances, quartz countertops/island, perfect for entertaining. Primary bedroom suite mimics a private retreat, w/spacious layout & elegant finishes. En-suite bathroom features high-end fixtures, creating a spa-like experience. Oversized bedrooms. Dining, game & media rooms - perfect for entertaining. Pool sized lot, w/ample space for outdoor enjoyment. Brick exterior, bamboo flooring, tall doors, smart motorized roller shades, whole home water filtration system, kitchen alkaline water, & tankless water heater, central vac, enhance the home's functionality. Refrigerator, washer, dryer, media room equipment, INCLUDED.

Investor Tools

$402,140Estimated Mortgage Balance

$173,130Estimated Equity

28% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,438 /month

Positive

Cash Flow Estimate:

$1,146 /month

Interested in this property?

Liza Casillas

Coldwell Banker Realty - Katy

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$849/month

$825/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,328

$565,048

2025

$112,125

$452,923

$565,048

Tax History

Year

Tax Paid

Assessed Value

2025

$7,328

$565,048

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

American Neighborhood Mtg Acceptance Co

Conventional

$438,716

First

Dec 15, 2021

Jan 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$402,140

$162,908

28%

70%

$2,631/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,740/mo

$3,456/mo

$-716/mo

5.7%

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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