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$355,020

NAL Estimated Property Value

7031 Kendall Lake Ct, Richmond, TX, 77407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,128 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.42 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size12,246 sqft

Building Information

Year Built2009
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4799-01-002-0280-901
Lot Number28
SubdivisionLakemont Ridge Sec 1
Land UseResidential
Legal DescriptionLAKEMONT RIDGE SEC 1, BLOCK 2, LOT 28
Census Tract672906
Assessed Land Value$72,800
Assessed Improvement Value$282,220
Assessment Year2025

About this property

Welcome to one of the largest lots in the entire neighborhood! This well-loved, single-owner home sits on an expansive 12,246 SF cul-de-sac lot, framed by mature trees, offering privacy & space to roam. Inside, enjoy a smart layout featuring 3 bedrooms, 2 baths, & a private study with statement double doors — ideal for a home office or flex space. The living room boasts a cozy gas fireplace & wall of windows for abundant natural light. The kitchen includes granite counters, stainless steel appliances, a gas cooktop, eat-in island, breakfast area, & formal dining. The primary suite features a tray ceiling & spacious bath with dual vanities, walk-in shower & soaking tub. Enjoy the covered front entry & spacious covered back patio overlooking the huge, fenced yard. Additional features include an automated sprinkler system, whole-house gutters, crown molding, and tons of curb appeal. Located on a quiet, tree-lined cul-de-sac in Richmond, this home blends space, comfort, and timeless charm.

Investor Tools

Property Icon
$355,020
Estimated Property Value
$264,703Estimated Mortgage Balance
$90,317Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$323/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,105
$355,020
2025
$72,800
$282,220
$355,020
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,105
$355,020

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Conventional
$265,600
No
First
Feb 11, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,703
$90,317
25%
75%
$1,487/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$2,137/mo
+$223/mo
8.0%

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.

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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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7031 Kendall Lake Ct | Property Details | No Agent List