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$297,000

NAL Estimated Property Value

306 Roans Prarie Ln, Richmond, TX, 77469

Recently SoldInfo
8/07/26
Beds3 Beds
Baths2 Bath
Baths1,804 Sq Ft
price_per_sqft$166.23 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Freestanding Oven, Microwave, Electric Cooktop, Dishwasher
FlooringLaminate, Tile, Wood

Exterior

Exterior FeaturesSprinkler System
Lot Size10,237 sqft

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2245-03-003-0580-901
Lot Number58
SubdivisionCanyon Gate At The Brazos Sec 3
Land UseResidential
Legal DescriptionCANYON GATE AT THE BRAZOS SEC 3, BLOCK 3, LOT 58
Census Tract674604
Assessed Land Value$53,471
Assessed Improvement Value$220,512
Assessment Year2025

About this property

Welcome to 306 Roans Prairie Lane, a beautifully maintained home in the sought-after Canyon Gate at the Brazos community in Richmond, Texas. This move-in ready 3-bedroom, 2-bath home offers 1,804 sq. ft. of well-designed living space on an oversized 10,237 sq. ft. lot. Vaulted ceilings and abundant natural light create an open, airy feel throughout the main living and dining areas. The updated kitchen features ample cabinetry and overlooks a cozy breakfast area, making it ideal for everyday living and entertaining. Spacious secondary bedrooms provide flexibility for guests, a home office, or growing families, while the private primary suite offers a relaxing retreat. Enjoy a large backyard with plenty of room for outdoor activities, pets, or future enhancements. Conveniently located near shopping, dining, parks, major commuter routes, and top-rated Lamar CISD schools, this home combines comfort, space, and value in one of Richmond's most established neighborhoods!

Investor Tools

Property Icon
$297,000
Estimated Property Value
$72,144Estimated Mortgage Balance
$225,147Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$166/month
$1,319/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$503
$273,983
2025
$53,471
$220,512
$273,983
No

Tax History

Year
Tax Paid
Assessed Value
2025
$503
$273,983

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$111,325
No
First
Jul 25, 2011
Aug 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$72,144
$224,856
75%
24%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$1,319/mo
+$461/mo
7.2%

City: Richmond

306 Roans Prarie Ln | Property Details | No Agent List