$232,000
NAL Estimated Property Value7018 Pickett Dr, Richmond, TX, 77469
Off Market
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
AppliancesElectric Oven, Microwave, Electric Range, Dishwasher
Exterior
Lot Size6,362 sqft
Building Information
Year Built1981
Stories1
Roof Type105
Garage Spaces2
Land Information
APN8695-02-008-0050-901
Lot Number5
SubdivisionTara Sec 2
Land UseResidential
Legal DescriptionTARA SEC 2, BLOCK 8, LOT 5
Census Tract674603
Assessed Land Value$27,027
Assessed Improvement Value$192,173
Assessment Year2025
About this property
MOVE IN READY! 3 Bed 2 Bath 2 Car Garage Home in Tera Subdivision! Great Location! Get your Keys before school starts! Home offers large Living area with Fireplace, Kitchen Dining open to Family room, Large Master with private bath, Back Covered Patio great for relaxing or entertaining!
Investor Tools
$232,000
Estimated Property Value
$170,160Estimated Mortgage Balance
$61,840Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,392 /month
Positive
Cash Flow Estimate:
$464 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$383/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,439
$219,200
2025
$27,027
$192,173
$219,200
No
Tax History
Year
Tax Paid
Assessed Value
2025
$3,439
$219,200
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dugood Fcu
Building Or Construction Loan
$180,375
No
First
Apr 17, 2023
Apr 2028
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,160
$63,840
27%
73%
$1,082/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$1,082/mo
+$698/mo
9.2%
