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$422,000

NAL Estimated Property Value

3738 Homestead Ridge Ln, Richmond, TX, 77406

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,716 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.55 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave

Exterior

Lot Size5,858 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN5296-06-001-0160-901
Lot Number16
SubdivisionMccrary Meadows Sec 6
Land UseResidential
Legal DescriptionMCCRARY MEADOWS SEC 6, BLOCK 1, LOT 16
Census Tract673404
Assessed Land Value$42,874
Assessed Improvement Value$362,909
Assessment Year2025

About this property

Experience luxury living in this stunning 5-bedroom, 3.5-bathroom home built in 2021. Lightly lived in and meticulously maintained, this home offers a spacious and functional layout designed for comfort and style. The main floor features a private home office, a formal dining room perfect for entertaining, and a large family room filled with natural light. The gourmet kitchen is a chef’s dream, showcasing sleek granite countertops, ample cabinetry, and stainless steel appliances. The primary suite is conveniently located on the first floor and includes a luxurious en-suite bathroom with dual vanities, a soaking tub, and a separate shower. Upstairs, you’ll find generously sized bedrooms and a versatile game room ideal for family fun or relaxation. With thoughtful upgrades throughout and plenty of space for the entire household, this home is a rare find. High-quality tenant in place – ideal for investors seeking immediate cash flow from day one of ownership.

Investor Tools

Property Icon
$422,000
Estimated Property Value
$247,720Estimated Mortgage Balance
$174,280Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,535 /month
Positive
Cash Flow Estimate:
$845 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$706/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,366
$405,783
2025
$42,874
$362,909
$405,783
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,366
$405,783

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
East West Bank
Conventional
$258,600
No
First
Jan 24, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,720
$176,280
41%
59%
$1,593/mo

City: Richmond

3738 Homestead Ridge Ln | Property Details | No Agent List