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$346,000

NAL Estimated Property Value

5507 Persimmon Pass, Richmond, TX, 77407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,358 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.95 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Gas Cooktop, Dishwasher

Exterior

Lot Size6,792 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN9175-03-004-0100-907
Lot Number10
SubdivisionWaterview Estates Sec 3
Land UseResidential
Legal DescriptionWATERVIEW ESTATES SEC 3, BLOCK 4, LOT 10
Census Tract672903
Assessed Land Value$41,613
Assessed Improvement Value$317,884
Assessment Year2025

About this property

Don't miss this well maintained 1 story home located in the quiet community of Waterview Estates. With easy access to the Grand Parkway, Westpark Toll and quick access to lots of shopping and restaurants, this is a prime location in Richmond, TX.This open concept split floor plan has plenty of space to entertain. Upon entering you are welcomed to a formal dining room area as well as a flex space that could be a sitting room, home office or play area The kitchen/ breakfast combo open to spacious family room. The built in desk space in the hallway provides additional work space for kids to do homework or activities. The backyard has been well maintained with a covered patio and sun shade. Home is being sold as-is and ready for you to make it your own. Enjoy neighborhood amenities including area pool with splash pad, walking trails, parks, baseball/soccer field and tennis court. Zoned to Fort Bend ISD.

Investor Tools

Property Icon
$346,000
Estimated Property Value
$515,520Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,076 /month
Positive
Cash Flow Estimate:
$692 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$251/month
$615/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,277
$341,308
2025
$41,613
$317,884
$359,497
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,277
$341,308

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$264,000
No
First
Jan 8, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$515,520
N/A
0%
149%
$3,166/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$3,781/mo
$-1,421/mo
8.2%

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.

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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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5507 Persimmon Pass | Property Details | No Agent List