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$421,932

NAL Estimated Property Value

3242 Karleigh Way, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,404 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.71 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Dishwasher

Exterior

Lot Size8,155 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN5296-01-002-0090-901
Lot Number9
SubdivisionMccrary Meadows Sec 1
Land UseResidential
Legal DescriptionMCCRARY MEADOWS SEC 1, BLOCK 2, LOT 9
Census Tract673404
Assessed Land Value$56,745
Assessed Improvement Value$365,187
Assessment Year2025

About this property

WELCOME HOME! This is the home that you have been waiting for. When you arrive, you will be greeted with a lovely stone/brick elevation, front porch and a huge 3 car garage. Once you walk into the home, there is a high ceiling foyer, 2 front bedrooms with a full size bathroom dividing them. Walk a little further and there is a hallway with another full size bathroom, another secondary bedroom and the laundry room. The kitchen and living area are near the back of the home with bountiful natural sunlight, ample kitchen storage, and an oversized kitchen island. The primary bedroom is at the back of the home as well, with an en-suite bathroom and oversized closet. The second story is a large room with a 1/2 bathroom attached. So many possibilities with this one! You won't want to miss your opportunity, so schedule your showing NOW!

Investor Tools

Property Icon
$421,932
Estimated Property Value
$288,751Estimated Mortgage Balance
$133,181Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,532 /month
Positive
Cash Flow Estimate:
$844 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$564/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,658
$421,932
2025
$56,745
$365,187
$421,932
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,658
$421,932

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Rate Financial Group
Conventional
$300,000
No
First
Apr 30, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,751
$133,181
31%
68%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$2,399/mo
+$341/mo
7.8%

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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3242 Karleigh Way | Property Details | No Agent List