$206,000
NAL Estimated Property Value515 Shenandoah Dr, Richmond, TX, 77469
Off Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Electric Oven
FlooringTile
Exterior
Lot Size6,805 sqft
Building Information
Year Built1981
Stories1
Roof Type105
Garage Spaces2
Land Information
APN8695-02-002-0110-901
Lot Number11
SubdivisionTara Sec 2
Land UseResidential
Legal DescriptionTARA SEC 2, BLOCK 2, LOT 11
Census Tract674603
Assessed Land Value$29,129
Assessed Improvement Value$160,837
Assessment Year2025
About this property
Lovely one story 3 bedroom home in Tara. Tile floor all through, double pane window, covered patio and deck. Nice size bedrooms. Zoned to LCISD George Ranch High. Neutral and Cozy. Easy access to major highways and roads. Move in ready.
Investor Tools
$206,000
Estimated Property Value
$93,664Estimated Mortgage Balance
$112,336Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,236 /month
Positive
Cash Flow Estimate:
$412 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$334/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,980
$189,966
2025
$29,129
$160,837
$189,966
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,980
$189,966
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tiger Loans Inc
Conventional
$105,000
No
First
Oct 14, 2020
Nov 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$93,664
$111,336
54%
45%
$630/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$630/mo
+$1,150/mo
10.4%
