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$303,000

NAL Estimated Property Value

3434 Timothy Lane, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,863 Sq Ft
price_per_sqft$160.49 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListHigh 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, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Laminate

Exterior

Lot Size6,613 sqft

Building Information

Year Built1989
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3780-08-005-0090-907
Lot Number9
SubdivisionThe Grove Sec 8
Land UseResidential
Legal DescriptionTHE GROVE SEC 8, BLOCK 5, LOT 9
Census Tract673501
Assessed Land Value$37,050
Assessed Improvement Value$213,173
Assessment Year2025

About this property

Beautifully updated 2-story home in The Grove offering 3 bedrooms, 2.5 baths, and an impressive list of upgrades inside and out. Recent improvements include a new roof (2023), AC and furnace (2021), remodeled primary bath (2021), updated kitchen with white cabinets and modern fixtures, plus new siding, water heater (2021), and upgraded electrical panel and gutters. The interior shines with Pergo flooring downstairs, fresh paint, updated half bath, and new trim and doors (2025). Enjoy outdoor living year-round under the oversized covered patio extending the full width of the home, overlooking a private fenced yard with an expanded driveway (2025). With thoughtful renovations and major system updates already complete, this move-in ready home blends style, comfort, and peace of mind in one exceptional package located in the heart of The Grove subdivision.

Investor Tools

Property Icon
$303,000
Estimated Property Value
$287,649Estimated Mortgage Balance
$15,351Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,818 /month
Positive
Cash Flow Estimate:
$606 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$564/month
$330/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,248
$250,223
2025
$37,050
$213,173
$250,223
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,248
$250,223

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gold Star Mortgage Financial Group Corp
Conventional
$289,750
No
First
Dec 12, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$287,649
$15,351
5%
95%
$1,738/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$2,068/mo
+$52/mo
8.4%

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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3434 Timothy Lane | Property Details | No Agent List