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$375,000

7018 Pearl Terrace Ln, Richmond, TX, 77469

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,188 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.63 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size8,462 sqft

Building Information

Year Built2015
Roof Type105
Garage Spaces2

Land Information

APN8914-07-002-0010-901
Lot Number1
SubdivisionWalnut Creek Sec 7
Land UseResidential
Legal DescriptionWALNUT CREEK SEC 7, BLOCK 2, LOT 1
Census Tract675503
Assessed Land Value$75,075
Assessed Improvement Value$339,911
Assessment Year2025

About this property

Welcome home to 7018 Pearl Terrace Lane in the desirable Walnut Creek community! This beautiful two-story home offers 4 bedrooms, 2.5 baths, and a 2-car garage with a smart, open-concept layout. Step inside to an expansive living room with a cozy fireplace that flows into the island kitchen and breakfast area, plus a separate formal dining room perfect for gatherings. The oversized island and ample cabinetry make the kitchen a true showpiece. Enjoy the convenience of a downstairs primary suite featuring a garden tub, separate walk-in shower, dual vanities, and a spacious walk-in closet. A powder bath and main-floor laundry complete the first level. Upstairs you'll find a large family/game room, a dedicated theatre room for movie nights, three secondary bedrooms, and a full bath. Step out back to enjoy the patio and backyard. Don't miss everything this gorgeous home has to offer, schedule your private showing today!

Investor Tools

$289,138Estimated Mortgage Balance
$125,848Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

Interested in this property?

Nicole Freer

Corcoran Genesis

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$552/month
$630/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,555
$414,986
2025
$75,075
$339,911
$414,986
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,555
$414,986

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$270,019
Yes
First
Dec 12, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,138
$125,848
30%
70%
$1,963/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,300/mo
$2,593/mo
$-293/mo
6.7%

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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7018 Pearl Terrace Ln | Property Details | No Agent List