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$322,000

NAL Estimated Property Value

3319 Cannon Ridge Drive, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,950 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$112.56 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Range, Gas Oven
FlooringLaminate, Tile

Exterior

Lot Size8,967 sqft

Building Information

Year Built1986
Stories1
Roof Type105
Garage Spaces1

Land Information

APN3780-07-006-0580-907
Lot Number58
SubdivisionThe Grove Sec 7
Land UseResidential
Legal DescriptionTHE GROVE SEC 7, BLOCK 6, LOT 58
Census Tract673501
Assessed Land Value$46,800
Assessed Improvement Value$228,728
Assessment Year2025

About this property

Located on an over sized cul de sac lot in the highly desirable Pecan Grove Plantation, this ONE story home will not disappoint! Featuring 3 bedrooms w/ a study OR 4 bedrooms and 2 bathrooms with soaring vaulted ceilings and open concept living, this home has tons of updates including designer wall accents, tile and top grade laminate flooring throughout, granite counter tops in the kitchen and brand new stainless steel appliances! Even the windows have been replaced to double pane. Enjoy your morning coffee at the coffee bar in the kitchen! Plenty of space for everyone with spacious bedrooms and closets. Enough space for pets and play in the nicely shaded and landscaped backyard with relaxing patio to enjoy those summer evenings. LOW TAXES AND HOA! You don't want to miss out on this gem!

Investor Tools

Property Icon
$322,000
Estimated Property Value
$201,247Estimated Mortgage Balance
$120,753Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,932 /month
Positive
Cash Flow Estimate:
$644 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$331/month
$195/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,363
$275,528
2025
$46,800
$228,728
$275,528
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,363
$275,528

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Conventional
$219,963
No
First
Nov 19, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,247
$120,753
37%
62%
$1,319/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$1,514/mo
+$1,226/mo
10.2%

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.

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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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3319 Cannon Ridge Drive | Property Details | No Agent List