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$368,000

NAL Estimated Property Value

7031 Ballinger Ridge Lane, Richmond, TX, 77407

Off MarketInfo
LeaseInfo
Beds4 Beds
Baths3 Bath
Baths2,635 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.97 / sqft
Year BuiltBuilt in 2007

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Gas Oven, Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringLaminate, Tile, Wood

Exterior

Lot Size6,301 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces2

Land Information

APN4792-03-003-0170-901
Lot Number17
SubdivisionLakemont Meadows Sec 3
Land UseResidential
Legal DescriptionLAKEMONT MEADOWS SEC 3, BLOCK 3, LOT 17
Census Tract672906
Assessed Land Value$41,600
Assessed Improvement Value$324,664
Assessment Year2025

About this property

Welcome to the gorgeous and spacious home ready for a new family in Lakemont Meadows! This well-maintained property offers a functional and inviting layout perfect for both everyday living and entertaining. As you enter, you are welcomed by a private study with elegant French doors, ideal for a home office, along with a formal dining room with a corner fire place perfect for dinners and special occasions. Upstairs you’ll find four spacious bedrooms and a large game room, offering plenty of room for relaxation, movie nights etc. Step outside to a huge backyard with a large patio, perfect for weekend BBQs, and gatherings. The Lakemont Meadows community features walking trails, clubhouse, and refreshing pools, creating a wonderful neighborhood atmosphere. Conveniently located with easy access to the Westpark Tollway, shopping, dining, and nearby schools, this home offers both comfort and convenience. Don’t miss the opportunity to make this beautiful home yours!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$507/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,242
$366,264
2025
$41,600
$324,664
$366,264
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,242
$366,264

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hancock Mortgage Partners Llc
Conventional
$373,450
No
First
Jun 29, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$345,492
$22,508
6%
94%
$2,240/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,050/mo
$2,240/mo
+$810/mo
9.9%

City: Richmond

7031 Ballinger Ridge Lane | Property Details | No Agent List