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$287,000

NAL Estimated Property Value

7102 Grassy Grove Ln, Richmond, TX, 77407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,613 Sq Ft
price_per_sqft$172.97 / sqft
Year BuiltBuilt in 2004

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
AppliancesGas Oven, Gas Cooktop

Exterior

Lot Size7,622 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3523-05-002-0400-907
Lot Number40
SubdivisionGrand Mission Sec 5
Land UseResidential
Legal DescriptionGRAND MISSION SEC 5, BLOCK 2, LOT 40
Census Tract672907
Assessed Land Value$89,100
Assessed Improvement Value$188,697
Assessment Year2025

About this property

A well-maintained home nestled on a quiet cul-de-sac with a large backyard perfect for outdoor living and entertaining. Inside, you’ll find a bright, open-concept layout with a spacious living area, abundant natural light, and no carpet throughout for easy maintenance. The kitchen offers ample cabinet and counter space, while custom closets provide added storage and organization. The primary bedroom features a spacious walk-in his and hers closet for added comfort and convenience. Generously sized bedrooms offer flexibility, and the convenient location near shopping, dining, and major highways makes everyday living easy.

Investor Tools

Property Icon
$287,000
Estimated Property Value
$203,262Estimated Mortgage Balance
$83,738Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,722 /month
Positive
Cash Flow Estimate:
$574 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$345/month
$1,150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,705
$277,797
2025
$89,100
$188,697
$277,797
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,705
$277,797

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$216,015
Yes
First
Jun 24, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,262
$83,738
29%
71%
$1,347/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$2,497/mo
$-137/mo
9.9%

City: Richmond

7102 Grassy Grove Ln | Property Details | No Agent List