Last 24 Hours
$408,618
NAL Estimated Property Value7018 Spruce View Ct, Richmond, TX, 77407
Off Market
4 Beds
4 Bath
2,848 Sq Ft
Single Family Residence
$140.41 / sqft
Built in 2009Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
Bedrooms 4
Bathrooms Full 3
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesMicrowave, Dishwasher
FlooringTile, Wood
Exterior
Lot Size8,449 sqft
Building Information
Year Built2009
Stories2
Roof Type105
Garage Spaces2
Land Information
APN4799-02-003-0390-901
Lot Number39
SubdivisionLakemont Ridge Sec 2
Land UseResidential
Legal DescriptionLAKEMONT RIDGE SEC 2, BLOCK 3, LOT 39
Census Tract672906
Assessed Land Value$57,200
Assessed Improvement Value$351,418
Assessment Year2025
About this property
Wonderfully updated home in an Excellent location. 4 Bedrooms with a generous Primary Bedroom, all hard surface flooring throughout. Home has an extended 22x20 Covered patio outside.
Investor Tools
$408,618
Estimated Property Value
$285,141Estimated Mortgage Balance
$123,477Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,452 /month
Positive
Cash Flow Estimate:
$817 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$580/month
$675/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,918
$408,618
2025
$57,200
$351,418
$408,618
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,918
$408,618
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Uif Corp
Credit Line (Revolving) / Heloc
$296,250
No
First
Apr 30, 2024
May 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$285,141
$123,477
30%
70%
$1,777/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,050/mo
$2,452/mo
+$598/mo
9.0%
12.4%