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$500,000

406 Silver Creek Cir, Richmond, TX, 77406

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,171 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.68 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Range, Gas Oven
FlooringTile

Exterior

Private PoolPrivate Pool
Lot Size8,378 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APN6467-01-004-0010-901
Lot Number1
SubdivisionRivers Edge Sec 1
Land UseResidential
Legal DescriptionRIVERS EDGE SEC 1, BLOCK 4, LOT 1
Census Tract673401
Assessed Land Value$56,324
Assessed Improvement Value$385,758
Assessment Year2025

About this property

This elegant corner-lot residence features a semi-winding staircase at the entry, separating the formal dining room from the private study. The main-level primary suite offers a serene retreat with a private bathroom and spacious walk-in closet. The kitchen boasts granite countertops, illuminated cabinetry, and premium stainless steel appliances, flowing into the gathering room. Step outside to a resort-style backyard with a covered patio, mounted TV, pre-lit pool, fire pit, and detached garage. Architectural alcoves highlight art and lighting, with three bedrooms and two full bathrooms upstairs. Refrigerator, washer, and dryer included. Long driveway can fit multiple vehicles! Private pool is just perfect for enjoying the Texas heat in style.

Investor Tools

$237,764Estimated Mortgage Balance
$188,273Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Naomi Abrigo

REALM Real Estate Professional

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$547/month
$695/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,443
$407,472
2025
$56,324
$385,758
$442,082
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,443
$407,472

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Homexpress Mortgage Corp
Conventional
$260,100
No
First
Jul 26, 2019
Aug 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,764
$190,236
44%
56%
$1,731/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$2,426/mo
+$314/mo
7.7%

City: Richmond

406 Silver Creek Cir | Property Details | No Agent List