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$256,000

NAL Estimated Property Value

314 William Morton Dr, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,641 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.85 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Oven
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,908 sqft

Building Information

Year Built1979
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3780-02-208-0140-901
Lot Number14
SubdivisionThe Grove Sec 2
Land UseResidential
Legal DescriptionTHE GROVE SEC 2, BLOCK 8, LOT 14
Census Tract673600
Assessed Land Value$45,500
Assessed Improvement Value$159,127
Assessment Year2025

About this property

This is as clean as they come. Owners have paid attention to detail. The downstairs flooring was just replaced with a lovely Vinyl Plank. The entire interior was just painted. Beautiful yard with large Pecan in the back, just in time to harvest those pecans. Enter to a 2 story ceiling. The family room has 2 story ceilings with a corner fireplace. Behind the family room is a dining and kitchen with a window over the sink to enjoy that beautiful back yard. Nice sized utility closet down. Also a 1/2 bath down so your guests don't need to go behind your kids. All bedrooms are up and are generously sized. The master features 2 walk in closets. The other bedrooms have good sized closets. With Austin Elementary right around the corner your kids won't need to travel far. This home is also right around the corner from the park! Great home and is ready for you.

Investor Tools

Property Icon
$256,000
Estimated Property Value
$51,300Estimated Mortgage Balance
$204,700Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,536 /month
Positive
Cash Flow Estimate:
$512 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$374/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,210
$204,627
2025
$45,500
$159,127
$204,627
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,210
$204,627

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway Mortgage Group Llc
Conventional
$75,750
No
First
Nov 2, 2012
Dec 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$51,300
$207,700
80%
20%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
N/A
+$2,120/mo
9.9%

City: Richmond

314 William Morton Dr | Property Details | No Agent List