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$329,000

NAL Estimated Property Value

311 Briar Trace Ln, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,275 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.21 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Range, Dishwasher
FlooringTile

Exterior

Lot Size6,862 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces1

Land Information

APN6467-01-005-0190-901
Lot Number19
SubdivisionRivers Edge Sec 1
Land UseResidential
Legal DescriptionRIVERS EDGE SEC 1, BLOCK 5, LOT 19
Census Tract673401
Assessed Land Value$50,544
Assessed Improvement Value$255,011
Assessment Year2025

About this property

Welcome to this inviting Richmond home featuring a dedicated office space and a seamless open layout. The kitchen offers modern finishes, a breakfast bar, and easy flow into the dining and living areas, where a beautiful fireplace serves as the centerpiece. The primary bath includes dual sinks, a soaking tub, a separate shower, and a spacious walk-in closet, providing a private retreat. Bay windows in the primary bedroom and dining room give extra charm and let an abundance of light in. Upstairs, you'll find a versatile loft space and three huge bedrooms with walk-in closets, offering plenty of room for family or guests. The beautifully manicured backyard includes a covered patio—perfect for relaxing or outdoor dining. Upgrades include new flooring, recent roof and fence (2023), and a top of the line, dual zone Trane HVAC system with a UV light (2020) and recent duct replacement (2022). Just minutes from Sugar Land, Rosenberg, and Katy - anything you could want or need is close by!

Investor Tools

Property Icon
$329,000
Estimated Property Value
$0Estimated Mortgage Balance
$163,608Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,064 /month
Positive
Cash Flow Estimate:
$688 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$202/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$784
$305,555
2025
$50,544
$255,011
$305,555
No

Tax History

Year
Tax Paid
Assessed Value
2025
$784
$305,555

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$336,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$750/mo
+$1,990/mo
10.0%

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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311 Briar Trace Ln | Property Details | No Agent List