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$639,036

28 E Kitty Hawk St, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,111 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$319.75 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size1.38 acres

Building Information

Year Built1980
Stories1

Land Information

APN2590-00-000-0280-901
Lot Number28
SubdivisionCovey Trails
Land UsePublic Works
Legal DescriptionCOVEY TRAILS, LOT 28, ACRES 1.3774, A-274 R H KU
Census Tract673402
Assessed Land Value$378,101
Assessed Improvement Value$260,935
Assessment Year2025

About this property

One Story home & Hangar with 1.37 Acres on the runway at Covey Trails Airpark! Home was just renovated this year(2025). The foundation has been leveled and it comes with transferrable warranty. It also has all new plumbing Pex pipes and a new heating and cooling system. It has a new breaker box. Interior and Exterior of home has fresh new paint. Home has all new LVP flooring and brand new carpet as well. And the master shower is brand new. This home features double pane windows. Never flooded while current owner has owned and per prior sellers it has never flooded. Come and see this amazing home today!

Investor Tools

Property Icon
$639,036
Estimated Property Value
$540,000Estimated Mortgage Balance
$110,167Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,153/month
$2,104/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,643
$639,036
2025
$378,101
$260,935
$639,036
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,643
$639,036

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexa Mortgage Llc
Conventional
$540,000
No
First
Mar 31, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$528,869
$110,167
17%
83%
$3,238/mo

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.

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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28 E Kitty Hawk St | Property Details | No Agent List