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$361,212

NAL Estimated Property Value

4602 Red Lake Ln, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,412 Sq Ft
price_per_sqft$138.68 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Lot Size6,475 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9163-13-001-0450-907
Lot Number45
SubdivisionWaterside Estates Sec 13
Land UseResidential
Legal DescriptionWATERSIDE ESTATES SEC 13, BLOCK 1, LOT 45
Census Tract673501
Assessed Land Value$48,620
Assessed Improvement Value$312,592
Assessment Year2025

About this property

Hurry, this spacious one story traditional home in Waterside Estates/Richmond TX has many updates and is ready for a new owner. 3 bedrooms plus home office/study/den. This home boasts front porch, gracious entry, tall ceilings, open floor plan, formal dining room, large office/study/den, family room open to island kitchen with breakfast bar, breakfast room & sunroom. Perfect for entertaining! Spacious primary bedroom with a large walk-in room sized closet. Master bath includes double sinks, soaking tub and separate shower. Upgrades include tile floors, primary new carpet, custom oversized granite island in Kitchen + counter, new tile backsplash, freshly painted cabinets, dishwasher & microwave replaced 2019, fresh paint, window treatments, ceiling fans and light fixtures. Landscaped backyard has covered patio plus firepit. This home is move-in ready!

Investor Tools

Property Icon
$361,212
Estimated Property Value
$135,094Estimated Mortgage Balance
$226,118Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,167 /month
Positive
Cash Flow Estimate:
$722 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$590/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$361,212
2025
$48,620
$312,592
$361,212
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$361,212

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$140,816
Yes
First
Feb 21, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,094
$226,118
62%
37%
$845/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,645/mo
+$475/mo
7.0%

City: Richmond

4602 Red Lake Ln | Property Details | No Agent List