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$228,000

5618 Brazos Lakes Drive, Richmond, TX, 77469

Under ContractInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size1 acre

Land Information

APN2011-01-004-0260-901
Lot Number26
SubdivisionBrazos Lakes Sec 1
Land UseResidential
Legal DescriptionBRAZOS LAKES SEC 1, BLOCK 4, LOT 26, ACRES 1.000
Census Tract675503
Assessed Land Value$204,750
Assessment Year2025

About this property

Build your dream home on a 1-acre waterfront lot in the highly sought-after Brazos Lakes community! This exceptional homesite offers breathtaking lakefront views and unforgettable Texas sunsets in a peaceful, scenic setting. Enjoy private community docks perfect for fishing, kayaking, or relaxing by the water, along with a neighborhood park and easy access to shopping, dining, and entertainment in Sugar Land and Richmond. Nature lovers will appreciate being just minutes from Brazos Bend State Park and the George Observatory, offering hiking, wildlife viewing, and world-class stargazing. The historic George Ranch is only 1.5 miles away, adding charm and rich local history to the area. Zoned to highly acclaimed Lamar CISD schools, this rare waterfront property combines luxury living, convenience, and outdoor adventure. Don’t miss this opportunity to own premium lakefront land in Fort Bend County and create your custom dream home in one of the area’s most desirable communities!

Investor Tools

$15,678Estimated Mortgage Balance
$239,322Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$374/month
$688/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,212
$204,750
2025
$204,750
N/A
$204,750
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,212
$204,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mitchell Mtg Company
N/A
$45,800
N/A
First
Sep 1, 2000
Oct 2015

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$15,678
$239,322
93%
6%
$365/mo

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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5618 Brazos Lakes Drive | Property Details | No Agent List