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Owner Contacts

$297,000

NAL Estimated Property Value

3558 Fern Footpath Ln, Richmond, TX, 77406

Off Market

3 Beds

2 Bath

1,560 Sq Ft

$201.92 / sqft

Built in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher, Dryer, Refrigerator

FlooringCarpet, Tile

Exterior

Lot Size5,625 sqft

Building Information

Year Built2018

Garage Spaces2

Land Information

APN5296-03-003-0230-901

Lot Number23

SubdivisionMccrary Meadows Sec 3

Land UseResidential

Legal DescriptionMCCRARY MEADOWS SEC 3, BLOCK 3, LOT 23

Census Tract673404

Assessed Land Value$41,600

Assessed Improvement Value$222,409

Assessment Year2025

About this property

Charming single-story Lennar design in the desirable McCrary Meadows community; zoned to Lamar CISD & minutes from pool, playground & sports courts. Features in-ground lawn sprinkler, pre-wired alarm, raised ceilings, nice tile floors, recessed lighting & much more. Large covered front porch welcomes you inside to a lovely foyer & open-concept family room. Chef's kitchen boasts elegant granite counters w/subway tile backsplash & modern SS appliances; including gas oven/5-burner range & built-in microwave. Breakfast bar & breakfast space for ample seating. Primary Suite offers spa-like en-suite bath w/dual sinks, garden tub + separate shower & generous walk-in closet. Secondary beds are bright & spacious w/ample closet space & 2nd full bath for sharing; complete w/tub/shower combo. Partially-covered patio for grilling & entertaining overlooks pool-sized backyard w/room to play. Near premier shopping, dining, entertainment, & major highways for easy commute.

Investor Tools

$297,000

Estimated Property Value

$275,405Estimated Mortgage Balance

$21,595Estimated Equity

9% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,890 /month

Positive

Cash Flow Estimate:

$630 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$317/month

$600/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,314

$264,009

2025

$41,600

$222,409

$264,009

Tax History

Year

Tax Paid

Assessed Value

2025

$2,314

$264,009

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Amcap Mortgage Ltd

Conventional

$294,500

First

Nov 4, 2022

Dec 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$275,405

$30,595

93%

$1,766/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,120/mo

$2,366/mo

$-246/mo

8.6%

Learn About the Market: Opportunity in Texas

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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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