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$315,000

NAL Estimated Property Value

7018 Misty Morning Trace, Richmond, TX, 77407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,858 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.92 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

High EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Refrigerator
FlooringBamboo, Carpet, Tile

Exterior

Lot Size6,174 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4952-01-002-0050-901
Lot Number5
SubdivisionMeadows Of Parkway Lakes Sec 1
Land UseResidential
Legal DescriptionMEADOWS OF PARKWAY LAKES SEC 1, BLOCK 2, LOT 5 (PT)
Census Tract672902
Assessed Land Value$38,220
Assessed Improvement Value$254,970
Assessment Year2025

About this property

Welcome to 7018 Misty Morning Trace, a charming move-in ready home tucked away in highly desirable Fort Bend County. Step inside to discover a beautifully updated interior featuring a spacious open floorplan, a renovated kitchen with quartz countertops, freshly painted cabinets, and upgraded light fixtures, sinks, and faucets. Enjoy engineered wood flooring in the living room, tile in wet areas, and plush carpet in the bedrooms. The primary suite offers generous room sizes and excellent closet space, while both bathrooms have been stylishly remodeled with quartz surfaces. Additional highlights include a new roof, private backyard with no back neighbors, and a refrigerator that stays with the home. This one checks all the boxes—schedule your private tour today before it’s gone!

Investor Tools

Property Icon
$315,000
Estimated Property Value
$0Estimated Mortgage Balance
$315,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$549/month
$765/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,010
$293,190
2025
$38,220
$254,970
$293,190
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,010
$293,190

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$315,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$765/mo
+$1,595/mo
9.0%

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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7018 Misty Morning Trace | Property Details | No Agent List