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$320,000

NAL Estimated Property Value

3230 Driftwood Meadow Ln, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,854 Sq Ft
price_per_sqft$172.55 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator Included, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringVinyl Plank

Exterior

Lot Size5,750 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN5296-06-001-0380-901
Lot Number38
SubdivisionMccrary Meadows Sec 6
Land UseResidential
Legal DescriptionMCCRARY MEADOWS SEC 6, BLOCK 1, LOT 38
Census Tract673404
Assessed Land Value$40,352
Assessed Improvement Value$279,648
Assessment Year2025

About this property

Beautiful 3 bed 2 bath home with an office perfectly nestled in McCrary Meadows! This home features modern colors throughout, office with French doors, light and bright kitchen with a large island, granite countertops, stainless steel appliances and open living space. The primary suite features an ensuite bath with large walk in closet. This cozy home is ready for new owners!

Investor Tools

Property Icon
$320,000
Estimated Property Value
$294,042Estimated Mortgage Balance
$25,958Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$552/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,020
$320,000
2025
$40,352
$279,648
$320,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,020
$320,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Fha
$297,511
Yes
First
Sep 3, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$294,042
$25,958
8%
92%
$1,784/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$2,384/mo
$-264/mo
8.0%

City: Richmond

3230 Driftwood Meadow Ln | Property Details | No Agent List