$229,900
6934 Tara Drive, Richmond, TX, 77469
On Market
Just Added
Property Lead Type:
High EquityMove-In Ready
Highlights
Interior
AppliancesMicrowave, Dishwasher
FlooringLaminate, Tile
Exterior
Lot Size6,950 sqft
Building Information
Year Built1981
Stories1
Roof Type105
Garage Spaces2
Land Information
APN8695-01-009-0180-901
Lot Number18
SubdivisionTara Sec 1
Land UseResidential
Legal DescriptionTARA SEC 1, BLOCK 9, LOT 18
Census Tract674603
Assessed Land Value$31,460
Assessed Improvement Value$218,141
Assessment Year2025
About this property
Welcome home to this beautiful corner-lot property! This spacious one-story home features vinyl flooring throughout the main living areas, creating a fresh and modern feel. The kitchen and bathrooms have updated granite countertops. The primary suite has an updated bathroom. The backyard has a storage shed. Move-in ready and easy to love - this home is ready for its next family!
Investor Tools
$229,110Estimated Mortgage Balance
$20,491Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,498 /month
Positive
Cash Flow Estimate:
$499 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
$165/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,100
$249,601
2025
$31,460
$218,141
$249,601
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,100
$249,601
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bokf Na
Conventional
$237,650
No
First
May 23, 2024
Jun 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,110
$20,491
8%
92%
$1,425/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$1,590/mo
+$190/mo
8.6%
