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$344,900

3623 Homestead Ridge Lane, Richmond, TX, 77406

PendingInfo
Beds3 Beds
Baths3 Bath
Baths2,443 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.18 / sqft
Year BuiltBuilt in 2021

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, Gas Range, Dishwasher

Exterior

Lot Size5,625 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN5296-06-004-0160-901
Lot Number16
SubdivisionMccrary Meadows Sec 6
Land UseResidential
Legal DescriptionMCCRARY MEADOWS SEC 6, BLOCK 4, LOT 16
Census Tract673404
Assessed Land Value$41,600
Assessed Improvement Value$327,721
Assessment Year2025

About this property

Move-in ready and well cared for, this 2021-built home in McCrary Meadows offers a functional two-story layout with 3 bedrooms, 2.5 baths, a dedicated office, and an upstairs game room. High ceilings and an open-concept design create a bright, comfortable living space. The kitchen features an island and flows seamlessly into the main areas. Recent updates include new carpet (2026), a frameless shower in the primary bathroom and updated fixtures. The home also includes a water softener. Enjoy a spacious patio and a pet-friendly backyard, all within a welcoming, family-friendly community. disclosure- owner/agent

Investor Tools

Property Icon
$369,321
Estimated Property Value
$0Estimated Mortgage Balance
$185,178Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,216 /month
Positive
Cash Flow Estimate:
$739 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$637/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,794
$369,321
2025
$41,600
$327,721
$369,321
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,794
$369,321

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Conventional
$203,590
No
First
Jun 24, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,143
$185,178
50%
50%
$1,221/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,871/mo
+$249/mo
6.9%

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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3623 Homestead Ridge Lane | Property Details | No Agent List