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$334,000

NAL Estimated Property Value

3406 Fort Richmond Dr, TX, 77406

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,760 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.25 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Private PoolPrivate Pool
Lot Size7,995 sqft

Building Information

Year Built1989
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3780-08-008-0520-907
Lot Number52
SubdivisionThe Grove Sec 8
Land UseResidential
Legal DescriptionTHE GROVE SEC 8, BLOCK 8, LOT 52
Census Tract673501
Assessed Land Value$42,900
Assessed Improvement Value$279,913
Assessment Year2025

About this property

Spacious 4-Bedroom Home with Saltwater Pool on Cul-de-Sac – No Flood Zone! Welcome to 3406 Fort Richmond Drive in the heart of Pecan Grove — a quiet, established neighborhood zoned to top-rated Fort Bend ISD schools. This move-in ready 4-bedroom, 2.5-bath home offers over 2,700 square feet of flexible living space, including a downstairs primary suite, an upstairs game room, and multiple areas perfect for work-from-home, play, or entertaining. Enjoy summer in your private backyard oasis featuring a saltwater in-ground pool, mature shade trees, and a spacious patio area. No history of flooding. Additional features include a 2-car garage, soft water system, whole-house filter, and low HOA fees. Minutes from Grand Parkway (99) and local shopping/dining. Priced to sell and ready for your personal touch — schedule your private showing today.

Investor Tools

Property Icon
$334,000
Estimated Property Value
$302,883Estimated Mortgage Balance
$31,117Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$195/month
$230/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$668
$322,813
2025
$42,900
$279,913
$322,813
No

Tax History

Year
Tax Paid
Assessed Value
2025
$668
$322,813

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$306,000
No
First
Oct 10, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$302,883
$34,117
10%
91%
$1,835/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$2,065/mo
+$675/mo
9.8%

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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3406 Fort Richmond Dr | Property Details | No Agent List