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$994,297

NAL Estimated Property Value

45 E Kitty Hawk St, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,098 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$303.81 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Convection Oven, Double Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size1.77 acres

Building Information

Year Built1984
Stories2
Garage Spaces4

Land Information

APN2590-00-000-0450-901
Lot Number45
SubdivisionCovey Trails
Land UsePublic Works
Legal DescriptionCOVEY TRAILS, LOT 45, ACRES 1.7722
Census Tract673402
Assessed Land Value$405,396
Assessed Improvement Value$623,846
Assessment Year2025

About this property

Incredible opportunity to own a rare 1.77-acre lot in the heart of Richmond—low taxes, excellent schools, and packed with upgrades! This beautifully updated home offers engineered hardwood floors, energy-efficient double-pane windows, a porcelain slipper tub, updated lighting, and a spacious primary suite with marble-tiled, wood-burning/gas fireplace, walk-in shower, custom cabinetry, and a dream walk-in closet with built-in drawers and storage. Each bedroom features generous closets, and the home has abundant storage throughout. Unique bonus: two private airplane hangars! Hangar 1: 41.5’x33’, door 12’H x 29’W (9.5’H clearance); Hangar 2: 43’x32’, door 12’H x 39’W (10’H clearance). Hangar 2 is fully transformed into a custom man cave with sleek curved bar and 3-car garage. Horses allowed! Located at airport X09 . Brand-new roof & HVAC. Check full upgrade list. Soon to be gated!

Investor Tools

Property Icon
$994,297
Estimated Property Value
$981,639Estimated Mortgage Balance
$12,658Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,470 /month
Positive
Cash Flow Estimate:
$2,490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,591/month
$2,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,115
$994,297
2025
$405,396
$623,846
$1,029,242
No

Tax History

Year
Tax Paid
Assessed Value
2025
$14,115
$994,297

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$988,810
No
First
Dec 23, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$981,639
$12,658
1%
99%
$5,929/mo

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.

Explore Texas Explore This Area
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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45 E Kitty Hawk St | Property Details | No Agent List