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$464,619

NAL Estimated Property Value

510 Mandola Farms Dr, Richmond, TX, 77406

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths4 Bath
Baths2,795 Sq Ft
price_per_sqft$1.07 / sqft
Year BuiltBuilt in 2023

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Gas Oven, Microwave, Gas Range, Refrigerator, Washer, Dishwasher
FlooringCarpet

Exterior

Lot Size9,724 sqft

Building Information

Year Built2024
Garage Spaces1

Land Information

APN4886-01-006-0030-901
Lot Number3
SubdivisionMandola Farms Sec 1
Land UseResidential Single Family Houses
Legal DescriptionMANDOLA FARMS SEC 1, BLOCK 6, LOT 3
Census Tract673801
Assessed Land Value$106,080
Assessed Improvement Value$358,539
Assessment Year2025

About this property

Discover this stunning, brand-new Coventry home nestled in a peaceful cul-de-sac! This never-before-lived-in gem offers 4 spacious bedrooms, a dedicated media room, and a versatile library/home office. The modern kitchen comes complete with a brand-new refrigerator, and the home also includes a washer and dryer for your convenience. The open-concept living spaces flow seamlessly to a covered patio and a beautifully landscaped backyard—perfect for relaxation and entertaining. Enjoy the convenience of a tankless water heater and an array of premium amenities. Located right off Hwy-90, this home offers unbeatable convenience with less than a 5-minute drive to W. Grand Parkway S. Plus, it's surrounded by a warm and welcoming community. Don’t miss out—schedule your private tour today!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,045/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,217
$464,619
2025
$106,080
$358,539
$464,619
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,217
$464,619

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houston Home Loan Inc
Conventional
$437,229
No
First
Jun 28, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$844,392
N/A
0%
182%
$5,244/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$5,244/mo
$-2,504/mo
7.1%

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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510 Mandola Farms Dr | Property Details | No Agent List