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$298,000

5650 Pleasant Falls Dr, Richmond, TX, 77407

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,631 Sq Ft
price_per_sqft$182.71 / sqft
Year BuiltBuilt in 2019

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, Dryer Included, Refrigerator Included, Washer Included, Water Softener, Freestanding Oven, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesSide Yard
Lot Size6,363 sqft

Building Information

Year Built2019
Garage Spaces1

Land Information

APN5121-44-001-0220-901
Lot Number22
SubdivisionLong Meadow Farms Sec 44
Land UseResidential
Legal DescriptionLONG MEADOW FARMS SEC 44, BLOCK 1, LOT 22
Census Tract672903
Assessed Land Value$47,918
Assessed Improvement Value$246,092
Assessment Year2025

About this property

Located in the highly desirable Long Meadow Farms! This beautifully maintained, move-in-ready, one-story home offers 3 bedrooms, 2 bathrooms, an open-concept layout, abundant natural light, tile flooring, recessed lighting, and custom built-in cabinetry. The spacious island kitchen features granite countertops, SS appliances, tile backsplash, and ample storage. Fridge, washer, and dryer included! The primary suite includes a seamless glass walk-in shower. Additional upgrades include a tankless water heater, reverse osmosis system, water softener, Ring smart-home features, french drains, new electrical panel with surge protector, and quiet garage motor with pad entry. Enjoy covered patio overlooking a spacious backyard. Zoned to exemplary schools with easy access to 99. Residents enjoy resort-style pools, parks, lakes, walking trails, playgrounds, fitness center, and year-round community events. A wonderful opportunity to enjoy comfort, convenience, and exceptional community amenities!

Investor Tools

$199,349Estimated Mortgage Balance
$121,882Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

Interested in this property?

Rubi Almendarez

Rubi Realtors Int., LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$326/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,306
$294,010
2025
$47,918
$246,092
$294,010
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,306
$294,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$224,842
No
First
Jul 24, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,349
$100,651
33%
62%
$1,349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$2,249/mo
+$111/mo
8.8%

City: Richmond

5650 Pleasant Falls Dr | Property Details | No Agent List