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$359,000

NAL Estimated Property Value

54 Fountain Bend Ln, Richmond, TX, 77406

$444,380 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,580 Sq Ft
price_per_sqft$112.02 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size8,390 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN6467-17-004-0140-901
Lot Number14
SubdivisionRivers Edge Sec 17
Land UseResidential
Legal DescriptionRIVERS EDGE SEC 17, BLOCK 4, LOT 14
Census Tract673401
Assessed Land Value$60,856
Assessed Improvement Value$343,749
Assessment Year2025

About this property

AMAZING 4 BEDROOM 3 FULL BATH WITH STUDY DAVID WEEKLEY HOME IN RIVERS EDGE * BEAUTIFUL 1 STORY BRICK/STONE ELEVATION WITH NO BACK NEIGHBORS * TILE ENTRYWAY OPENS TO COLUMNED FORMAL LIVING ROOM * FORMAL DINING FEATURES CUSTOM BUILT-INS AND IS OPEN TO ISLAND KITCHEN * SPACIOUS FAMILY ROOM OFF KITCHEN FEATURES ACCENT WALL AND VIEWS OF THE BACK PORCH/YARD * ISLAND KITCHEN WITH STAINLESS STEEL APPLIANCES, 5-BURNER GAS RANGE, BUILT-IN MICROWAVE & OVEN, PLENTY OF CABINETS AND COUNTER SPACE PLUS A BUILT-IN WORKSPACE FOR MAKING GROCERY LISTS, PLANNING MEALS OR FOR KIDS TO DO SCHOOL WORK * MASTER SUITE AT REAR OF HOME FEATURES WOOD FLOORS, ACCENT WALL AND TRAY CEILING + ENSUITE MASTER BATH FEATURES INCLUDE LONG DOUBLE SINK VANITY, SEPARATE SHOWER/GARDEN TUB * NICE SIZE SECONDARY BEDROOMS, ALL WITH WOOD FLOORS & CEILING FANS * CROWN MOLDING * REAR COVERED PORCH * 3 CAR GARAGE * FAMILY-FRIENDLY COMMUNITY W/ EXCEPTIONAL AMENITIES IN A PEACEFUL SETTING WITH A NATURE PRESERVE & WALKING TRAILS *

Investor Tools

Property Icon
$359,000
Estimated Property Value
$205,098Estimated Mortgage Balance
$153,902Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$444,380
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,154 /month
Positive
Cash Flow Estimate:
$718 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$326/month
$695/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,117
$350,120
2025
$60,856
$343,749
$404,605
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,117
$350,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flagstone Financial Services Inc
Conventional
$229,000
No
First
Dec 22, 2020
Jan 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,098
$166,902
44%
57%
$1,373/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$2,068/mo
+$672/mo
9.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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54 Fountain Bend Ln | Property Details | No Agent List