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B+
NoAgentList RatingHow are grades calculated? Info

$575,000

2623 Colonel Court Dr, Richmond, TX, 77406

Under ContractInfo
Beds4 Beds
Baths3 Bath
Baths3,058 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.03 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Gas Cooktop, Dishwasher, Cooktop
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size9,335 sqft

Building Information

Year Built1990
Stories2
Roof Type105
Garage Spaces2

Land Information

APN5740-11-002-0220-907
Lot Number22
SubdivisionPecan Grove Plantation Sec 11
Land UseResidential
Legal DescriptionPECAN GROVE PLANTATION SEC 11, BLOCK 2, LOT 22
Census Tract673502
Assessed Land Value$109,915
Assessed Improvement Value$358,680
Assessment Year2025

About this property

Located in Pecan Grove, this beautifully updated custom home offers timeless elegance, exceptional living space, & a backyard retreat designed for entertaining. The island kitchen updated in 2022 opens to inviting gathering spaces highlighted by a redesigned fireplace with Cambria quartz surround. The primary suite is located downstairs, with 3 generously sized secondary bedrooms, an oversized game room, and 2 updated baths are found upstairs. Recent improvements include roof (2020), upstairs HVAC & furnace (2021), downstairs HVAC & furnace (2022), tankless water heater, whole-home generator, all windows replaced, exterior paint, pool heater, resurfaced pool & spa with updated tile, and recent carpet. Outdoors, enjoy expansive brick decking, lush landscaping, pool, spa, covered patio, and a remote retractable awning for added comfort. A detached garage completes the setting. A rare opportunity that does not come along often. Finally, a place for you to call home.

Investor Tools

Property Icon
$466,000
Estimated Property Value
$228,000Estimated Mortgage Balance
$276,912Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$361/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,002
$444,820
2025
$109,915
$358,680
$468,595
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,002
$444,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Comerica Bank
Credit Line (Revolving) / Heloc
$228,000
No
First
Mar 24, 2018
Mar 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,545
$276,455
59%
41%
$1,367/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$1,642/mo
+$1,098/mo
7.1%

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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2623 Colonel Court Dr | Property Details | No Agent List