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$464,000

NAL Estimated Property Value

5830 Fm 723 Rd, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,258 Sq Ft
price_per_sqft$1,326.4 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size2.48 acres

Building Information

Year Built1957
Stories1
Roof Type105
Garage Spaces2

Land Information

APN0003-00-036-0011-901
SubdivisionWm Andrews
Land UseResidential
Legal Description0003 WM ANDREWS, TRACT 36 (PT), ACRES 29.8886
Census Tract673404
Assessed Land Value$161,461
Assessed Improvement Value$171,933
Assessment Year2025

About this property

EVERY ONCE IN AWHILE A PROPERTY LIKE THIS COMES ALONG, IT CAN BE A COUNTRY ESTATE OR AN INCREDIBLE COMMERCIAL DEVELOPMENT. MONSTER OLD PECANS FILL THE 30 ACRES, ALL OF THE LAND IS UNRESTRICTED WITH ALOT OF HIGHWAY FRONTAGE ON FM 723, HIGH ACREAGE WITH GULLYS AND CONTOURED TERRAIN, REAR OF PROPERTY HAS FRONTAGE ON JONES CREEK. LOVELY THREE BEDROOM TWO BATH HOME WITH SOME GRANITE UPDATES IN KITCHEN, OPEN CONCEPT DEN TO KITCHEN AND SUNROOM. HOME COULD BE USED AS AN OFFICE FOR A COMMERCIAL VENTURE OR UPDATED AND YOU HAVE A VERY NICE HOME IN A BEAUTIFUL LOCATION. LOWER PARTS OF THE 30 ACRES HAD WATER DURING HARVEY BUT HOME AND REST OF PROPERTY WAS HIGH AND DRY. MAKE AN APPOINTMENT TODAY TO SEE THIS ONE OF A KIND FORT BEND COUNTY ESTATE. SMALL BARN AND STORAGE SHED ALSO STAY WITH HOME. HOME SITS ON TWO ACRES AND MOST OF IT HAS A SPRINKLER SYSTEM, IT IS FENCED AND CROSS FENCED. AND SURROUNDED BY THE REMAINING 27+ ACRES.

Investor Tools

Property Icon
$464,000
Estimated Property Value
$0Estimated Mortgage Balance
$464,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,970 /month
Positive
Cash Flow Estimate:
$5,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$743/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,602
$333,394
2025
$161,461
$171,933
$333,394
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,602
$333,394

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$467,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
N/A
+$2,120/mo
5.5%

City: Richmond

5830 Fm 723 Rd | Property Details | No Agent List