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$388,000

3518 Fern Footpath Ln, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,669 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.24 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size5,625 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN5296-03-003-0130-901
Lot Number13
SubdivisionMccrary Meadows Sec 3
Land UseResidential
Legal DescriptionMCCRARY MEADOWS SEC 3, BLOCK 3, LOT 13
Census Tract673404
Assessed Land Value$41,600
Assessed Improvement Value$329,783
Assessment Year2025

About this property

Welcome Home! Gorgeous Lennar home situated on a corner lot! Immaculately maintained and featuring four ample sized bedrooms, home office with french doors & oversized game room. Large kitchen with beautiful island is open to the dining & family room. Off of the family room you will find the primary bedroom (no carpet) and primary bathroom with double sinks, walk in shower, separate bathtub & huge walk in closet. Head upstairs to discover a gorgeous game room, three additional large bedrooms & bathroom. Easy access to Grand Parkway, Westpark Tollway & I-10. This home has everything you are looking for and won't last long!

Investor Tools

Property Icon
$388,000
Estimated Property Value
$371,450Estimated Mortgage Balance
$37,587Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,454 /month
Positive
Cash Flow Estimate:
$818 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,908
$371,383
2025
$41,600
$329,783
$371,383
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,908
$371,383

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$371,450
No
First
Apr 21, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$350,413
$46,587
11%
90%
$2,228/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$2,828/mo
$-88/mo
8.5%

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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3518 Fern Footpath Ln | Property Details | No Agent List