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$449,900

$499,900

6003 Hedgepark Dr, Richmond, TX, 77407

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths3,021 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.92 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher

Exterior

Lot Size7,030 sqft

Building Information

Year Built2014
Roof Type105
Garage Spaces2

Land Information

APN5121-31-002-0060-901
Lot Number6
SubdivisionLong Meadow Farms Sec 31
Land UseResidential
Legal DescriptionLONG MEADOW FARMS SEC 31, BLOCK 2, LOT 6
Census Tract672903
Assessed Land Value$54,600
Assessed Improvement Value$440,790
Assessment Year2025

About this property

A hard-to-find THREE-bedroom-down floor plan makes this Long Meadow Farms home stand out! With over 3,000 square feet, 4 bedrooms and 3.5 baths, the layout offers plenty of space and flexibility. The first floor includes the private primary suite, two secondary bedrooms and a dedicated study with sliding barn doors. Upstairs features a large game room and private guest suite with its own full bath—perfect for guests or multigenerational living. The open kitchen offers Silestone quartz countertops, stainless steel appliances, a large island and generous storage overlooking the living area. High ceilings, wood flooring and abundant natural light create an open, inviting feel throughout. Situated on a corner lot with mature trees and conveniently located near shopping, dining, schools and neighborhood amenities. Vacant, move-in ready and a great opportunity in Long Meadow Farms!

Investor Tools

$351,589Estimated Mortgage Balance
$145,631Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,972 /month
Positive
Cash Flow Estimate:
$991 /month

Interested in this property?

Jessica Wix

Keller Williams Premier Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$685/month
$900/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,748
$495,390
2025
$54,600
$440,790
$495,390
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,748
$495,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Arm (Adjustable Rate Mortgage)
$311,546
No
First
Aug 1, 2014
Sep 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$351,589
$192,411
35%
71%
$2,215/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,050/mo
$3,115/mo
$-65/mo
7.4%

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.

Explore Texas Explore This Area
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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6003 Hedgepark Dr | Property Details | No Agent List