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$322,000

NAL Estimated Property Value

3551 Fern Footpath Ln, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,013 Sq Ft
price_per_sqft$181.32 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee 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 Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,007 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN5296-03-002-0100-901
Lot Number10
SubdivisionMccrary Meadows Sec 3
Land UseResidential
Legal DescriptionMCCRARY MEADOWS SEC 3, BLOCK 2, LOT 10
Census Tract673404
Assessed Land Value$40,352
Assessed Improvement Value$279,435
Assessment Year2025

About this property

Welcome to this beautiful 4 bedroom, 2 bathroom HOME located in the heart of Richmond, McCrary Meadows. You will feel right at home when you walk in and see the open concept floorplan, with a separate home office/study room, and cozy kitchen/breakfast area. You will enjoy entertaining in this home with your open concept feel in the main living and kitchen areas. This home has wood look tile throughout, excluding the bedrooms. Enjoy a cup of coffee on your covered patio with NO BACK NEIGHBORS in the morning and in the evenings enjoy the Texas sunsets. This home has everything you need! It's just missing YOU!! Welcome home.

Investor Tools

Property Icon
$322,000
Estimated Property Value
$311,432Estimated Mortgage Balance
$10,568Estimated Equity
8% 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
$396/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,142
$319,787
2025
$40,352
$279,435
$319,787
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,142
$319,787

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Unknown
$337,250
No
First
Apr 13, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,432
$28,568
8%
97%
$2,022/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$2,622/mo
+$118/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.

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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3551 Fern Footpath Ln | Property Details | No Agent List