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$369,000

NAL Estimated Property Value

515 Larkspur Ln, Richmond, TX, 77469

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,950 Sq Ft
price_per_sqft$153.33 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Refrigerator, Washer, Microwave, Gas Cooktop, Double Oven
FlooringWood

Exterior

Lot Size8,128 sqft

Building Information

Year Built2014
Roof Type105
Garage Spaces2

Land Information

APN2739-07-005-0020-901
Lot Number2
SubdivisionDel Webb Richmond Sec 7
Land UseResidential
Legal DescriptionDEL WEBB RICHMOND SEC 7, BLOCK 5, LOT 2
Census Tract674702
Assessed Land Value$40,352
Assessed Improvement Value$317,848
Assessment Year2025

About this property

Located on an oversized lakeview lot in the highly desirable 55+ community of Del Webb Sweetgrass, this "Tifton Walk" model floorplan features captivating lake AND Sunrise Pointe Park views to be enjoyed from the extended back porch, the entire main living area as well as the master bedroom! This 2 bedroom 2 bath open concept living home has plenty of custom upgrades including the breathtaking real wood floors throughout, crown molding, rustic barn doors and unique mirrors and fixtures. Creative use of the custom barn doors has been used to design privacy for the master suite AND a second master suite. Enjoy the extra large island in the kitchen with plenty of cabinet space for storage including extra shelving in the pantry, closets and in the large utility room. 3 car tandem garage entails extra 4 foot extension for golf cart parking with custom built in shelves and sink to use for whatever fits your lifestyle. The whole home is equipped with a natural gas generator *negotiable*

Investor Tools

Property Icon
$369,000
Estimated Property Value
$0Estimated Mortgage Balance
$369,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$219/month
$387/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$787
$358,200
2025
$40,352
$317,848
$358,200
No

Tax History

Year
Tax Paid
Assessed Value
2025
$787
$358,200

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$364,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,350/mo
$387/mo
+$963/mo
4.4%

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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