1view

Owner Contacts

$1,174,000

NAL Estimated Property Value

2918 Organic Groves Ln, Richmond, TX, 77406

Off Market

6 Beds

6 Bath

5,424 Sq Ft

$225.85 / sqft

Built in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 6

Bathrooms Full 6

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Oven, ENERGY STAR Qualified Appliances

FlooringCarpet, Tile

Exterior

Lot Size11,472 sqft

Building Information

Year Built2021

Garage Spaces2

Land Information

APN3801-28-002-0040-907

Lot Number4

SubdivisionHarvest Green Sec 28

Land UseResidential

Legal DescriptionHARVEST GREEN SEC 28, BLOCK 2, LOT 4

Census Tract673501

Assessed Land Value$158,886

Assessed Improvement Value$881,351

Assessment Year2025

About this property

Luxury Coventry Homes “Wharton IV” plan (NO BACK NEIGHBORS) on an expansive 75-ft lot! Featuring 6 bedrooms, 6.5 baths, 2 PRIMARY SUITES, and 1st floor guest suite- this home offers flexible, multi-generational living! Highlights include a premium fully stucco elevation, 3-car tandem garage with sleek landscaping. Inside, enjoy custom wall paneling, tile flooring, soaring ceilings, a gourmet kitchen with quartz island, formal dining, home office and smart home upgrades. The Grand family room boasts a dramatic wall of windows and a cozy fireplace. Both primary suites include spa-like baths with soaking tubs and huge walk-in closets. The second level features a large game room, media room, 2nd primary suite, 3 add'l bedrooms & 2 full bathrooms complete the upstairs, offering ample space and privacy for all. Outdoors, a covered patio, large yard with iron fencing & serene views await! Prewired for surround sound, water softener, sprinkler system -True showstopper!

Investor Tools

$1,174,000

Estimated Property Value

$702,921Estimated Mortgage Balance

$471,079Estimated Equity

37% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$7,350 /month

Positive

Cash Flow Estimate:

$2,450 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,771/month

$1,210/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$15,384

$1,040,237

2025

$158,886

$881,351

$1,040,237

Tax History

Year

Tax Paid

Assessed Value

2025

$15,384

$1,040,237

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Nizari Progressive Fcu

Conventional

$647,200

First

Dec 30, 2021

Jan 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$702,921

$418,079

37%

60%

$4,599/mo

Learn About the Market: Opportunity in Texas

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 This Area