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$277,000

NAL Estimated Property Value

330 William Morton Dr, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,641 Sq Ft
price_per_sqft$170.57 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Lot Size6,886 sqft

Building Information

Year Built1979
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3780-02-208-0100-901
Lot Number10
SubdivisionThe Grove Sec 2
Land UseResidential
Legal DescriptionTHE GROVE SEC 2, BLOCK 8, LOT 10
Census Tract673600
Assessed Land Value$45,500
Assessed Improvement Value$168,197
Assessment Year2025

About this property

Completely remodeled two-story home featuring 3 bedrooms and 2.5 bathrooms. The living room offers vaulted ceilings and an accent fireplace, creating an open and inviting space. Updated kitchen includes brand new cabinetry, stainless steel appliances, and a wraparound bar in the dining area for additional seating and cabinet storage. Spacious primary suite features double closets. Large backyard offers endless potential and is ready for your personal touch. Additional updates include a brand new roof and water heater.

Investor Tools

Property Icon
$277,000
Estimated Property Value
$57,103Estimated Mortgage Balance
$219,897Estimated Equity
79% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,679 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$395/month
$275/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,353
$213,697
2025
$45,500
$168,197
$213,697
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,353
$213,697

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ntfn Inc
Fha
$84,442
Yes
First
Jun 29, 2012
Jul 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$57,103
$219,897
79%
21%
$507/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$782/mo
+$1,338/mo
9.2%

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.

Explore Texas Explore This Area
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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330 William Morton Dr | Property Details | No Agent List