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$574,999

2627 Old South Dr, Richmond, TX, 77406

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,283 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.14 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringEngineered Wood, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesSprinkler System
Lot Size12,091 sqft

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APN5740-19-003-0240-907
Lot Number24
SubdivisionPecan Grove Plantation Sec 19
Land UseResidential
Legal DescriptionPECAN GROVE PLANTATION SEC 19, BLOCK 3, LOT 24
Census Tract673502
Assessed Land Value$148,200
Assessed Improvement Value$365,400
Assessment Year2025

About this property

Light, bright & positioned on the GOLF COURSE w/ a sparkling pool, this one-story custom built home offers 4 bedrooms, a private office, formal dining room, 2 living areas, high ceilings throughout & an abundance of storage. The spacious main living area features a gas log fireplace & views of the backyard oasis. An adjacent den/sunroom adjoins the eat in kitchen, which features an island w/ gas cooktop, dual pantries & ample counter & cabinet space, while connecting seamlessly to the formal dining room. The primary suite, w/ a spa like en-suite, is set privately from the other bedrooms. Two secondary bedrooms share a Jack&Jill bath, while the 4th bedroom, located on the opposite side of the home, offers the added convenience of an exterior door with direct access to the outdoors. Step outside to enjoy the lagoon-style pool, golf course views & tranquil fish pond, creating a private backyard retreat! Don’t miss this rare opportunity to own a one-story home on Pecan Grove’s golf course.

Investor Tools

$205,070Estimated Mortgage Balance
$308,530Estimated Equity
60% 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

Interested in this property?

Kristin DeBarbieris

Compass RE Texas, LLC - Memorial

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$375/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,931
$513,600
2025
$148,200
$365,400
$513,600
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,931
$513,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mutual Of Omaha Mortgage Inc
Conventional
$227,170
No
First
Jul 7, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,070
$308,530
60%
40%
$1,362/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$1,602/mo
+$1,138/mo
6.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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2627 Old South Dr | Property Details | No Agent List