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$303,000

3823 Lake Edinburg Ln, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,734 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.76 / sqft
Year BuiltBuilt in 2003

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, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size6,425 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces1

Land Information

APN9163-09-001-0320-907
Lot Number32
SubdivisionWaterside Estates Sec 9
Land UseResidential
Legal DescriptionWATERSIDE ESTATES SEC 9, BLOCK 1, LOT 32
Census Tract673501
Assessed Land Value$45,760
Assessed Improvement Value$238,950
Assessment Year2025

About this property

This lovingly maintained brick home located in the heart of Waterside Estates is just a quick walk across the street to the recently completed walking trail that hugs Figure Four Lake. Inside you will find a tiled foyer opposite a formal dining space (currently being used as a home office). Entering the kitchen you'll notice the spaciousness in the galley style kitchen with conveniently located laundry room, large pantry, painted wood cabinets, breakfast bar, and breakfast room. The home abounds with natural light that floods the kitchen and family room. The extra large primary bedroom suite has views to the backyard, vaulted ceilings, a separate shower and large soaking tub, and generously sized walk in closet. Front of home hosts the guest bathroom and the secondary bedrooms each with their own walk in closet. Don't miss the extra long driveway (perfect for riding toys) and covered-detached garage in the back. New AC/Heat installed August 2017. New roof installed August 2018.

Investor Tools

Property Icon
$303,000
Estimated Property Value
$221,906Estimated Mortgage Balance
$105,451Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,818 /month
Positive
Cash Flow Estimate:
$606 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$230/month
$590/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,245
$284,710
2025
$45,760
$238,950
$284,710
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,245
$284,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$221,906
No
First
Sep 3, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,549
$105,451
34%
65%
$1,331/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,921/mo
+$199/mo
8.4%

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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3823 Lake Edinburg Ln | Property Details | No Agent List