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$320,758

NAL Estimated Property Value

6803 Misty Morning Trace, Richmond, TX, 77407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,858 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.85 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Free-Standing Range, Gas Range, Dishwasher
FlooringTile

Exterior

Lot Size12,492 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4952-01-001-0220-901
Lot Number22
SubdivisionMeadows Of Parkway Lakes Sec 1
Land UseResidential
Legal DescriptionMEADOWS OF PARKWAY LAKES SEC 1, BLOCK 1, LOT 22
Census Tract672902
Assessed Land Value$51,870
Assessed Improvement Value$268,888
Assessment Year2025

About this property

Located in the coveted community of Meadows of Parkway Lakes, this gorgeous brick home features an open concept design with soaring ceilings, upgraded kitchen and baths, hard surface flooring throughout, and a beautiful corner fireplace. Every detail is sophisticated and well planned, with a formal dining room that’s complete with crown moulding and chair rail accents; a kitchen with granite counters, a gas range, a breakfast bar, and center island; upgraded fans and lighting in every room; stylish bathroom upgrades; and fresh modern paint colors. The primary bedroom is a true retreat with large windows, a walk-in closet, and a private spa-like bath. Two generously sized secondary bedrooms share a full bath. Outside, find an oversized patio and a giant fenced yard with mature and well-manicured landscaping. Everything has been done for you in this move-in ready gem. Schedule your viewing today!

Investor Tools

Property Icon
$320,758
Estimated Property Value
$293,753Estimated Mortgage Balance
$27,005Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,925 /month
Positive
Cash Flow Estimate:
$642 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$280/month
$960/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,758
$320,758
2025
$51,870
$268,888
$320,758
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,758
$320,758

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Fha
$299,475
Yes
First
Apr 16, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,753
$27,005
8%
92%
$1,796/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$2,756/mo
$-396/mo
8.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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6803 Misty Morning Trace | Property Details | No Agent List