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$269,000

NAL Estimated Property Value

422 William Morton Dr, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,641 Sq Ft
price_per_sqft$139.55 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Gas Cooktop, Oven
FlooringCarpet, Vinyl

Exterior

Lot Size6,860 sqft

Building Information

Year Built1979
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3780-02-208-0030-901
Lot Number3
SubdivisionThe Grove Sec 2
Land UseResidential
Legal DescriptionTHE GROVE SEC 2, BLOCK 8, LOT 3
Census Tract673600
Assessed Land Value$45,500
Assessed Improvement Value$178,322
Assessment Year2025

Investor Tools

Property Icon
$269,000
Estimated Property Value
$187,531Estimated Mortgage Balance
$81,469Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$255/month
$195/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,717
$223,822
2025
$45,500
$178,322
$223,822
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$1,717
$223,822

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jackson Flagstar Centre Office
Fha
$197,771
Yes
First
Jul 24, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$187,531
$77,469
29%
70%
$1,186/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$1,381/mo
+$1,359/mo
12.2%

City: Richmond

422 William Morton Dr | Property Details | No Agent List