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$787,000

NAL Estimated Property Value

3611 Richland Park Dr, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,822 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$283.13 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Electric Oven, Trash Compactor, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size1.96 acres

Building Information

Year Built1987
Stories1
Roof Type105
Garage Spaces3

Land Information

APN7360-01-000-0070-901
Lot Number7
SubdivisionRichland Park Sec 1
Land UseResidential
Legal DescriptionRICHLAND PARK SEC 1, LOT 7, ACRES 1.9594
Census Tract673404
Assessed Land Value$325,909
Assessed Improvement Value$339,823
Assessment Year2025

About this property

Experience the charm of country living in this lovingly maintained 1 story ranch. Nestled in a peaceful cul-de-sac, this stunning home features a circular driveway, whole home generator, custom landscaping, 2 covered back patios, metal barn w/ horse stalls & car lift, chicken coup, 3 car carport, & recent roof(2021) & AC replacement(2023). Inside, a study w/ built-ins & french doors, formal dining w/bay window, custom window treatments, & raised ceilings. Stylish gourmet kitchen w/breakfast bar equipped w/custom glass cabinetry, corian countertops, stainless appliances, & custom tile backsplash. Retreat to the primary suite offering privacy & comfort w coffered ceilings, fireplace, his/her walk-in closets, dbl vanities, separate soaking tub, & walk in seamless glass shower. Entertain friends/family in the sparkling pool or enjoy evenings under the stars around the firepit. All this w/a low tax rate. Don’t miss out on this exceptional property!! **Transferrable Foundation Warranty**

Investor Tools

Property Icon
$787,000
Estimated Property Value
$1,015,131Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,018/month
$99/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,277
$665,732
2025
$325,909
$339,823
$665,732
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,277
$665,732

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$774,030
No
First
Dec 5, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,015,131
N/A
0%
129%
$6,140/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$6,239/mo
$-4,119/mo
3.2%

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.

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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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3611 Richland Park Dr | Property Details | No Agent List