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$221,000

7007 Tara Dr, Richmond, TX, 77469

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,364 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.28 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Electric Cooktop, Refrigerator, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size6,347 sqft

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces2

Land Information

APN8695-02-009-0330-901
Lot Number33
SubdivisionTara Sec 2
Land UseResidential
Legal DescriptionTARA SEC 2, BLOCK 9, LOT 33
Census Tract674603
Assessed Land Value$30,030
Assessed Improvement Value$182,946
Assessment Year2025

About this property

Welcome to this charming one-story home conveniently located next to highways 59 and 99, providing easy access to nearby amenities. The property has been meticulously maintained, allowing ample natural light to fill the space and create a warm and inviting atmosphere. Step into the upgraded kitchen featuring stainless steel appliances, granite countertops, and modern cabinets, perfect for culinary enthusiasts. Relax in the living room, enhanced by a bay window that offers a serene sitting area for quiet moments. Throughout the home, you'll find fleshly cleaned carpeting and ceiling fans in all rooms, ensuring comfort all year round. Outside, the backyard includes a practical storage shed for your convenience. As a bonus, the home comes with essential appliances, including a fridge making your move-in process seamless. Don't miss the opportunity to experience this lovely home in person. Call today to schedule an in-person tour!

Investor Tools

Property Icon
$221,000
Estimated Property Value
$172,900Estimated Mortgage Balance
$65,225Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,326 /month
Positive
Cash Flow Estimate:
$442 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,341
$212,976
2025
$30,030
$182,946
$212,976
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,341
$212,976

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$172,900
No
First
Mar 4, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,775
$65,225
29%
70%
$1,037/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$1,037/mo
+$743/mo
9.7%

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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7007 Tara Dr | Property Details | No Agent List