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$284,086

NAL Estimated Property Value

7315 Red River Dr, Richmond, TX, 77469

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,445 Sq Ft
price_per_sqft$91.98 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Oven
FlooringLaminate, Tile, Wood

Exterior

Lot Size8,615 sqft

Building Information

Year Built1993
Stories2
Roof Type105
Garage Spaces2

Land Information

APN8695-05-007-0090-901
Lot Number9
SubdivisionTara Sec 5
Land UseResidential
Legal DescriptionTARA SEC 5, BLOCK 7, LOT 9, 2ND R/P
Census Tract674603
Assessed Land Value$31,081
Assessed Improvement Value$253,005
Assessment Year2025

About this property

Welcome to your new home in Tara Colony! Situated on a massive culdesac lot with a huge backyard, this beautifully remodeled home features gorgeous paint, crown molding, and upgrades throughout. The formal living beckons you into the home towards a formal dining area just off the kitchen that features stainless steel appliances. The kitchen has a nice breakfast area that gives way to the comfortable family room. 4 great sized bedrooms are all upstairs and the back patio is shaded every afternoon. Super low taxes and great schools!

Investor Tools

Property Icon
$284,086
Estimated Property Value
$176,032Estimated Mortgage Balance
$108,054Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,705 /month
Positive
Cash Flow Estimate:
$568 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$336/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,612
$284,086
2025
$31,081
$253,005
$284,086
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,612
$284,086

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$205,000
No
First
Apr 30, 2019
May 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$176,032
$108,054
38%
62%
$1,230/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,300/mo
$1,455/mo
+$845/mo
9.7%

City: Richmond

7315 Red River Dr | Property Details | No Agent List