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$285,000

711 Newton Drive, Richmond, TX, 77469

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,470 Sq Ft

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size37,462 sqft

Building Information

Year Built1966
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6005-01-000-0150-901
Lot Number15
SubdivisionNewton West S/D Sec 1
Land UseResidential
Legal DescriptionNEWTON WEST S/D SEC 1, LOT 15
Census Tract674900
Assessed Land Value$30,465
Assessed Improvement Value$500
Assessment Year2025

About this property

Welcome to Downtown Richmond, beautiful lot on a quiet street near historic district. Eateries, park and other attractions nearby. Only 15 minutes from Hwy 59 or Grand Parkway. All utilities are available. Located in the heart of Richmond, lot at just almost 1 acre that offers a tranquil living environment within minutes of Brazos Town center and a short drive to Sugarland. With an already approved city budget for expansion and growth in the area, the current ongoing improvements in the neighborhood would make this property a great candidate for an investment opportunity.(New project in the area, please check attachments)

Investor Tools

$0Estimated Mortgage Balance
$45,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

Interested in this property?

Joachim Vu

Lone Star Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$75/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$681
$30,965
2025
$30,465
$500
$30,965
No

Tax History

Year
Tax Paid
Assessed Value
2025
$681
$30,965

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$45,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
N/A
+$1,780/mo
47.5%

City: Richmond

711 Newton Drive | Property Details | No Agent List