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$1,262,100

NAL Estimated Property Value

5602 Waters Landing Ln, Richmond, TX, 77469

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,821 Sq Ft
price_per_sqft$280.02 / sqft
Year BuiltBuilt in 2007

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
AppliancesWater Heater, Disposal, Convection Oven, Microwave, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesSprinkler System
Lot Size7,204 sqft

Building Information

Year Built2007
Stories2
Roof Type104
Garage Spaces2

Land Information

APN4774-01-002-0280-901
Lot Number28
SubdivisionLakes Of Williams Ranch Sec 1
Land UseResidential
Legal DescriptionLAKES OF WILLIAMS RANCH SEC 1, BLOCK 2, LOT 28
Census Tract674604
Assessed Land Value$506,350
Assessed Improvement Value$755,750
Assessment Year2025

About this property

Experience the luxurious, resort lifestyle in this stunning 4 bedroom, 3.5 bath custom masterpiece in sought after Lakes of Williams Ranch guard gated community. From the moment you drive in you will be in awe of the stunning streetscapes & gorgeous landscapes. This stunning home exudes style & elegance beyond compare. Upon entry be mesmerized by the stunning panoramic views of the lake. Home boasts high ceilings, gorgeous travertine & wood flooring, butt glass windows in living room, chef grade appliances in kitchen, custom stained cabinets, wine grotto, oversized primary retreat with magnificent views of the water, claw foot tub & two-way entry in oversized shower, well-appointed guest bedrooms, large gameroom, stately study with wood beamed 16 foot gable ceiling. Extended patio with travertine pavers, fire pits & much more. Back up home generator, two tankless water heaters, water softener and mosquito system are just a few of the many upgrades. Call today for your private tour.

Investor Tools

Property Icon
$1,262,100
Estimated Property Value
$634,784Estimated Mortgage Balance
$627,316Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,100 /month
Positive
Cash Flow Estimate:
$2,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,953/month
$3,465/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,130
$1,262,100
2025
$506,350
$755,750
$1,262,100
No

Tax History

Year
Tax Paid
Assessed Value
2025
$17,130
$1,262,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cathay Bank
Conventional
$665,000
No
First
Nov 8, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$634,784
$627,316
49%
50%
$4,039/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,300/mo
$7,504/mo
$-5,204/mo
2.2%

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.

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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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5602 Waters Landing Ln | Property Details | No Agent List