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$318,900

5515 Russett Bay Court, Richmond, TX, 77407

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,673 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.62 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringTile

Exterior

Lot Size9,346 sqft

Building Information

Year Built2020
Garage Spaces1

Land Information

APN5121-44-002-0080-901
Lot Number8
SubdivisionLong Meadow Farms Sec 44
Land UseResidential
Legal DescriptionLONG MEADOW FARMS SEC 44, BLOCK 2, LOT 8
Census Tract672903
Assessed Land Value$65,000
Assessed Improvement Value$242,800
Assessment Year2025

About this property

Move-in ready single-story home in a desirable Rosenberg location featuring a bright, open-concept layout and spacious interior design. This well-maintained property offers light-filled bedrooms with plush carpeting, neutral paint tones, and generous closet space, creating a flexible and comfortable living environment. The primary suite provides a private retreat, while secondary bedrooms are ideal for guests, home office use, or growing households. The bathroom features modern finishes, a clean vanity, and a tiled shower. A dedicated indoor laundry room adds everyday convenience. Step outside to a large, fully fenced backyard with a covered patio—perfect for outdoor entertaining, relaxing evenings, or future customization. Enjoy added privacy with no rear neighbors and expansive green space. Located near shopping, dining, and major commuter routes, this home blends comfort, functionality, and lifestyle.

Investor Tools

$180,720Estimated Mortgage Balance
$145,280Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,956 /month
Positive
Cash Flow Estimate:
$652 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$538/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,829
$307,800
2025
$65,000
$242,800
$307,800
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,829
$307,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$202,592
No
First
Oct 26, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,720
$145,280
44%
55%
$1,215/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$2,115/mo
+$245/mo
8.7%

City: Richmond

5515 Russett Bay Court | Property Details | No Agent List