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$345,000

NAL Estimated Property Value

40 Fountain Bend Ln, Richmond, TX, 77406

$377,240 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,346 Sq Ft
price_per_sqft$152.6 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,410 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN6467-17-004-0210-901
Lot Number21
SubdivisionRivers Edge Sec 17
Land UseResidential
Legal DescriptionRIVERS EDGE SEC 17, BLOCK 4, LOT 21
Census Tract673401
Assessed Land Value$62,798
Assessed Improvement Value$327,114
Assessment Year2025

About this property

Well kept DAVID WEEKLEY HOME! 3 beds, 2.5 baths, 3car garage + study! Big screened patio. Large island kitchen , lots of cabinets. Granite counters in kitchen, mbath, & laundry. Master Planned Community featuring exceptional amenities! Nature Preserve with walking trails & walking distance from the lake. No back neighbors. Enjoy beautiful lake views from front porch of this home. SAVE BIG with our energy program!.

Investor Tools

Property Icon
$345,000
Estimated Property Value
$117,707Estimated Mortgage Balance
$227,293Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$377,240
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,148 /month
Positive
Cash Flow Estimate:
$716 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$222/month
$750/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$936
$336,344
2025
$62,798
$327,114
$389,912
No

Tax History

Year
Tax Paid
Assessed Value
2025
$936
$336,344

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$120,000
No
First
Apr 2, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$117,707
$229,293
66%
34%
$720/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,470/mo
+$650/mo
7.4%

City: Richmond

40 Fountain Bend Ln | Property Details | No Agent List