




$479,000
519 Ellwood Terrace Lane, Richmond, TX, 77406
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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.
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Learn About the Market: Opportunity in Texas




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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Richmond
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