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$280,000

4635 Red Lake Ln, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,541 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$129.79 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Electric Range, Gas Oven
FlooringCarpet, Laminate, Tile

Exterior

Lot Size6,657 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9163-13-001-0390-907
Lot Number39
SubdivisionWaterside Estates Sec 13
Land UseResidential
Legal DescriptionWATERSIDE ESTATES SEC 13, BLOCK 1, LOT 39
Census Tract673501
Assessed Land Value$46,189
Assessed Improvement Value$221,582
Assessment Year2025

About this property

Be sure to watch the Virtual Tour! https://youtu.be/G2xHV-FNWfo Adorable one story in highly desirable Waterside Estates. Beautiful painted cabinets in kitchen, laminate wood flooring in the family room, on an oversize lot next to walking trails! The kitchen features tile flooring, an abundance of cabinets, black appliances, and a large breakfast room. The master bedroom is large with high ceilings, and huge bathroom with double sinks, separate tub and shower, and large walk in closet. This is a split floor plan and both secondary bedrooms are large and share a private bathroom. There are 2 inch blinds throughout. This home exudes pride of ownership and has been very well maintained. The backyard is HUGE and very private! The lot also has direct access to community walking trails. This is TRULY a MUST SEE and WILL Not last long!!!! Located in a LOW TAX area, and close to major roads for an easy commute! LOCATION LOCATION LOCATION!!!

Investor Tools

Property Icon
$280,000
Estimated Property Value
$196,377Estimated Mortgage Balance
$106,604Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$447/month
$590/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,960
$267,771
2025
$46,189
$221,582
$267,771
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,960
$267,771

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Fha
$196,377
Yes
First
May 21, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,396
$108,604
38%
62%
$1,178/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$1,768/mo
+$972/mo
11.7%

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.

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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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4635 Red Lake Ln | Property Details | No Agent List