$396,000
NAL Estimated Property Value315 Lockridge Hill Ln, Richmond, TX, 77469
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesGas Oven, Gas Range
Exterior
Lot Size6,600 sqft
Building Information
Year Built2014
Garage Spaces2
Land Information
APN1650-06-002-0170-901
Lot Number17
SubdivisionBonbrook Plantation North Sec 6
Land UseResidential Single Family Houses
Legal DescriptionBONBROOK PLANTATION NORTH SEC 6, BLOCK 2, LOT 17
Census Tract675502
Assessed Land Value$44,980
Assessed Improvement Value$334,052
Assessment Year2025
About this property
This is a MUST SEE home!!! Total has 5 rooms, 3 full bath rooms, 2.5 Garage. Open floor plan, Large open family room, Large covered patio for entertaining. Home has spray foam insulation by the builder. Beautiful community and Great school District. Turn off all light after your showing.
Investor Tools
$396,000
Estimated Property Value
$236,932Estimated Mortgage Balance
$159,068Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,376 /month
Positive
Cash Flow Estimate:
$792 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$468/month
$700/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,640
$379,032
2025
$44,980
$334,052
$379,032
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,640
$379,032
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sirva Mortgage Inc
Conventional
$258,000
No
First
Jan 21, 2022
Feb 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,932
$143,068
37%
60%
$1,547/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,300/mo
$2,247/mo
+$53/mo
7.0%
