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$290,807

NAL Estimated Property Value

3226 Driftwood Meadow Ln, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,523 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.31 / sqft
Year BuiltBuilt in 2021

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
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,373 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN5296-06-001-0390-901
Lot Number39
SubdivisionMccrary Meadows Sec 6
Land UseResidential
Legal DescriptionMCCRARY MEADOWS SEC 6, BLOCK 1, LOT 39
Census Tract673404
Assessed Land Value$40,352
Assessed Improvement Value$250,455
Assessment Year2025

About this property

Pictures are of a similar house layout, Plan name- Banbury plan. STUNNING 3 BR/ 2 Bath Plus Study!! Huge Backyard with a huge covered patio. Open Concept Kitchen, Stainless Steel appliances, Washer, Dryer and Refrigerator Included, Granite Counter tops with Grey cabinets, Frameless shower, Double Sinks in Primary bathroom. The house has it all!! Neighborhood amenities include Splash Pads, Tennis courts. Minutes from Fwy 90, 99 and 359. Excellent schools!

Investor Tools

Property Icon
$290,807
Estimated Property Value
$172,479Estimated Mortgage Balance
$119,521Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,745 /month
Positive
Cash Flow Estimate:
$582 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$501/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,562
$290,807
2025
$40,352
$250,455
$290,807
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,562
$290,807

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$189,596
No
First
Aug 13, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,479
$119,521
40%
59%
$1,137/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,137/mo
+$983/mo
8.7%

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.

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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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3226 Driftwood Meadow Ln | Property Details | No Agent List