Last 24 Hours
$205,000
3702 Olive Mill Court, Richmond, TX, 77406
On Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size22,400 sqft
Land Information
APN4787-02-004-0210-901
Lot Number21
SubdivisionLakes Of Mission Grove Sec 2
Land UseResidential
Legal DescriptionLAKES OF MISSION GROVE SEC 2, BLOCK 4, LOT 21, ACRES 0.5142
Census Tract673404
Assessed Land Value$169,980
Assessment Year2025
About this property
Welcome to the beautiful Lakes of Mission Grove community, where the perfect opportunity awaits to build your dream home on this spacious half-acre lot. Cleared and ready for construction, this property offers the ideal blend of peaceful surroundings and everyday convenience. All utilities are available, making the building process even smoother for your future home plans. Enjoy the charm of a growing community while being zoned to highly acclaimed Lamar Consolidated ISD schools. Whether you’re ready to build now or invest for the future, this homesite offers endless potential in a desirable location.
Investor Tools
$130,260Estimated Mortgage Balance
$65,740Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$304/month
$800/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,667
$169,980
2025
$169,980
N/A
$169,980
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,667
$169,980
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Service Cu
Conventional
$136,000
No
First
Feb 1, 2024
Mar 2039
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$130,260
$65,740
33%
66%
$816/mo
12.4%