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Days26Days on Market
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$387,000

$397,000

5138 Mulberry Thicket Trl, Richmond, TX, 77469

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,150 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Water Softener, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,383 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN1143-01-003-0120-901
Lot Number12
SubdivisionArabella On The Prairie Sec 1
Land UseResidential Single Family Houses
Legal DescriptionARABELLA ON THE PRAIRIE SEC 1, BLOCK 3, LOT 12
Census Tract675501
Assessed Land Value$97,349
Assessed Improvement Value$269,732
Assessment Year2025

About this property

Like new and beautifully maintained, this exceptional home offers stunning views of the lake and fountain with greenbelt on the left. Enjoy a peaceful setting while being just a short walk to the neighborhood elementary school. The thoughtfully designed floor plan features a spacious primary suite with two walk-in closets, plus a private second ensuite bedroom that's ideal for guests or multi-generational living. The gourmet kitchen includes a gas cooktop, large island, abundant cabinetry, and opens seamlessly to the living and dining areas. A convenient office nook provides the perfect space for working from home or homework. Built with energy efficiency in mind, this home offers modern comfort and lower utility costs. Don't miss this opportunity to own a move-in-ready home in one of Richmond's most desirable communities.

Investor Tools

Property Icon
$367,081
Estimated Property Value
$0Estimated Mortgage Balance
$367,081Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,322 /month
Positive
Cash Flow Estimate:
$774 /month

Interested in this property?

Gary Bisha

My Castle Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,000/month
$925/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,164
$367,081
2025
$97,349
$269,732
$367,081
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,164
$367,081

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$367,081
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,300/mo
$925/mo
+$1,375/mo
7.5%

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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5138 Mulberry Thicket Trl | Property Details | No Agent List