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$282,000

NAL Estimated Property Value

730 Old Colony Dr, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,808 Sq Ft
price_per_sqft$163.16 / sqft
Year BuiltBuilt in 1980

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, Electric Oven, Dishwasher
FlooringCarpet, Engineered Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesSide Yard
Lot Size7,099 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3780-01-104-0040-901
Lot Number4
SubdivisionThe Grove Sec 1
Land UseResidential
Legal DescriptionTHE GROVE SEC 1, BLOCK 4, LOT 4, R/P
Census Tract673600
Assessed Land Value$45,500
Assessed Improvement Value$224,158
Assessment Year2025

About this property

Step into this beautiful 1-story home, offering 3 beds and 2 baths, showcasing elegant engineered wood flooring throughout. Spacious living room is highlighted by a charming brick-adorned, wood-burning fireplace. Large kitchen offers ample counter space, recently painted cabinets (July 2024), and a separate dining area. Adjacent to the dining area is a versatile bonus room that opens to the outdoors. Right side of the home, you'll find all the bedrooms. Primary suite includes a walk-in closet and a bathroom with double sinks and a shower. Additionally, there are 2beds and full bath down the hall. Outdoor living is at its finest here, making it an entertainer's dream. Expansive covered patio offers ample space for creating a full outdoor kitchen and dining area, as well as any other features you can imagine. Sparkling pool beckons for a refreshing dip, while the ample green space on the left side of the home provides plenty of room for gardening, play, or simply enjoying the outdoors.

Investor Tools

Property Icon
$282,000
Estimated Property Value
$277,741Estimated Mortgage Balance
$4,259Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,179
$269,658
2025
$45,500
$224,158
$269,658
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,179
$269,658

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jackson Flagstar Centre Office
Fha
$286,711
Yes
First
Aug 21, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,741
$8,259
2%
98%
$1,719/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$2,019/mo
+$101/mo
9.0%

City: Richmond

730 Old Colony Dr | Property Details | No Agent List