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$458,000

NAL Estimated Property Value

7109 Richardson, Watauga, TX, 76148

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,775 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$106.31 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Double Oven, Plumbed For Ice Maker, Gas Water Heater
FlooringCeramic Tile, Wood, Other

Exterior

Private PoolPrivate Pool
Lot Size8,080 sqft

Building Information

Year Built1991
Stories2
Garage Spaces2

Land Information

APN40673-5-11
Lot Number11
SubdivisionSummer Hills Addition
Land UseResidential
Legal DescriptionSUMMER HILLS ADDITION BLOCK 5 LOT 11
Census Tract113808
Assessed Land Value$50,000
Assessed Improvement Value$335,985
Assessment Year2025

About this property

Fabulous updated home with gorgeous curb appeal and a stunning backyard with a sparkling pool and a covered outdoor living area that will blow you away. Great natural light throughout. Large kitchen with granite countertops, two pantries, tons of cabinets. Two bedrooms down and three up all are spacious with great closets. Large open living areas. Updated wood type flooring throughout the home and in all bedrooms. All wet areas have tile. This home has the ability for the new owner to hook up an extra washer and dryer in the garage if you want in addition to the connections in the utility room. This home is completely move in ready. Don't miss the large fenced side yard. Excellent corner lot with great parking.

Investor Tools

Property Icon
$458,000
Estimated Property Value
$264,802Estimated Mortgage Balance
$193,198Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,748 /month
Positive
Cash Flow Estimate:
$916 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$791/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,198
$385,985
2025
$50,000
$335,985
$385,985
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,198
$385,985

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$295,075
Yes
First
Jan 21, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$264,802
$193,198
42%
58%
$1,770/mo

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: Watauga

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7109 Richardson | Property Details | No Agent List