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Owner Contacts

$331,000

NAL Estimated Property Value

6923 Morales Way, Richmond, TX, 77469

Off Market

4 Beds

3 Bath

2,197 Sq Ft

Single Family Residence

$154.76 / sqft

Built in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Gas Oven, Microwave, Gas Range, Dishwasher, Instant Hot Water

Exterior

Lot Size8,598 sqft

Building Information

Year Built2021

Garage Spaces2

Land Information

APN4136-05-006-0230-901

Lot Number23

SubdivisionSunset Crossing Sec 5

Land UseResidential

Legal DescriptionSUNSET CROSSING SEC 5, BLOCK 6, LOT 23

Census Tract675502

Assessed Land Value$75,075

Assessed Improvement Value$247,732

Assessment Year2025

About this property

4 Bedroom, 3 Bath, Chic & Amazing Stucco/Brick home in Sunset Crossing! Enter to Gorgeous Luxury Wood Vinyl Floors throughout! Huge Family Area w/Wall of Windows! Family Area flows into Gourmet Kitchen & Casual Dining! Kitchen has 42 inch Cabinets, Stainless Steel Appliances, Huge Island, Gorgeous Quartz Counters, Undermount Sink, Water Filtration System, Walk In Pantry & More! Primary Suite tucked away w/Farmhouse Shiplap Accent Wall, Plush Carpet, Luxurious Bathroom w/His & Her Sinks, Cultured Marble Countertops, Massive Seamless Glass Shower, & Walk In Closet! 1 Guest Bedroom Down & add'l Full Bathroom Downstairs! Upstairs Game Rm, 2 Guest Bedrooms & Full Bathroom w/Cultured Marble Counters! HERS Energy Rated, Tankless/On-Demand H2O Heater! Covered Patio makes Entertaining in Spacious Backyard a Breeze! Smart Home System allows you to control the Skybell, Locks, Lighting& Thermostat! Shopping, Entertainment & Medical are all super close! Call and schedule your private tour today!

Investor Tools

$331,000

Estimated Property Value

$327,299Estimated Mortgage Balance

$3,701Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,040 /month

Positive

Cash Flow Estimate:

$680 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$560/month

$900/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,065

$322,807

2025

$75,075

$247,732

$322,807

Tax History

Year

Tax Paid

Assessed Value

2025

$5,065

$322,807

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cmg Mortgage Inc

Conventional

$339,500

First

May 31, 2024

Jun 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$327,299

N/A

99%

$2,036/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,300/mo

$2,936/mo

$-636/mo

8.3%

Learn About the Market: Opportunity in Texas

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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.

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