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$479,000

519 Ellwood Terrace Lane, Richmond, TX, 77406

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,991 Sq Ft
price_per_sqft$160.15 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesWater Heater, Disposal, Water Softener, Microwave, Free-Standing Range, Dishwasher, Oven
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesSprinkler System
Lot Size6,250 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN4886-01-001-0160-901
Lot Number16
SubdivisionMandola Farms Sec 1
Land UseResidential
Legal DescriptionMANDOLA FARMS SEC 1, BLOCK 1, LOT 16
Census Tract673801
Assessed Land Value$81,965
Assessed Improvement Value$339,875
Assessment Year2025

About this property

Beautiful 5-bedroom, 4-bath home (2 bedrooms down) located in the sought-after community of Mandola Farms. The downstairs features durable LVP flooring and an open-concept living and dining area ideal for everyday living and entertaining. The beautiful kitchen offers quartz countertops and an abundance of cabinet space, creating a functional and inviting centerpiece of the home. All appliances convey, including two refrigerators, washer, and dryer. The spacious primary suite showcases high ceilings, a bay window, en-suite includes double vanities, wall-to-wall counter space, a separate tub and shower, and a large walk-in closet. Upstairs includes a generous game room, three additional bedrooms with double-door closets, and well-appointed bathrooms with double vanities and tub/shower combinations. Outdoor highlights include no back neighbors, a covered patio, full gutters, exterior gas line, full sprinkler system, and a 2-car automatic garage.

Investor Tools

$327,375Estimated Mortgage Balance
$156,625Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,904 /month
Positive
Cash Flow Estimate:
$968 /month

Interested in this property?

Pinky Pirani

Keller Williams Realty Southwest

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$803/month
$1,150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,221
$421,840
2025
$81,965
$339,875
$421,840
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,221
$421,840

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New Jersey Lenders Corp
Conventional
$356,485
No
First
Jan 18, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$327,375
$156,625
32%
68%
$2,138/mo

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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519 Ellwood Terrace Lane | Property Details | No Agent List