Last 24 Hours
$488,877
NAL Estimated Property Value607 Timothy Lane, Richmond, TX, 77406
Off Market
1 Beds
1 Bath
288 Sq FtHighlights
Interior
Bedrooms 1
Bathrooms Full 1
Indoor FireplaceExterior
Lot Size5.98 acres
Building Information
Year Built1948
Stories1
Roof Type105
Land Information
APN0062-00-000-1900-907
SubdivisionWm Morton
Land UseResidential
Legal Description0062 WM MORTON, ACRES 5.984
Census Tract673501
Assessed Land Value$484,877
Assessed Improvement Value$4,000
Assessment Year2025
About this property
INVESTMENT PROPERTY FOR SALE, this is a great opportunity to grow your portfolio with this 8.84% UNDIVIDED INTEREST, this is unrestricted land that you can buy and hold, sell later and get a great return on your investment, CONTACT YOUR REALTOR TODAY for more information on this 8.84% UNDIVIDED INTEREST.
Investor Tools
$488,877
Estimated Property Value
$0Estimated Mortgage Balance
$488,877Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,933 /month
Positive
Cash Flow Estimate:
$978 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$416/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,551
$488,877
2025
$484,877
$4,000
$488,877
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,551
$488,877
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$488,877
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,350/mo
N/A
+$1,350/mo
3.3%
12.4%