$355,000
5202 Mulberry Thicket Trl, Richmond, TX, 77469
On Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDisposal, Microwave, Dishwasher
Exterior
Lot Size7,500 sqft
Building Information
Year Built2023
Garage Spaces2
Land Information
APN1143-01-003-0100-901
Lot Number10
SubdivisionArabella On The Prairie Sec 1
Land UseResidential Single Family Houses
Legal DescriptionARABELLA ON THE PRAIRIE SEC 1, BLOCK 3, LOT 10
Census Tract675501
Assessed Land Value$97,349
Assessed Improvement Value$233,071
Assessment Year2025
About this property
Like new home built in 2024 with beautiful lake view & walking trail around the lake just behind the home. Covered patio in the back to enjoy a morning coffee or watching the sunset in the afternoon. Open floorplan between the kitchen and family room to enjoy a family or friend gathering. Lamar CISD schools are only 5 minutes away.
Investor Tools
$310,063Estimated Mortgage Balance
$21,876Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$900/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,149
$330,420
2025
$97,349
$233,071
$330,420
No
Tax History
Year
Tax Paid
Assessed Value
2025
$9,149
$330,420
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nizari Progressive Fcu
Conventional
$322,142
No
First
Apr 29, 2024
May 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$310,063
$20,357
6%
94%
$1,932/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$1,932/mo
$-152/mo
6.5%
