$269,000
NAL Estimated Property Value422 William Morton Dr, Richmond, TX, 77406
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
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
$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
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%
