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$784,000

NAL Estimated Property Value

7319 Foster Island Drive, Richmond, TX, 77406

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,614 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$239.1 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringTile

Exterior

Lot Size2.04 acres

Building Information

Year Built1997
Stories1
Roof Type105
Garage Spaces5

Land Information

APN3180-01-000-0100-901
Lot Number10
SubdivisionFoster Creek Est Sec 1
Land UseResidential
Legal DescriptionFOSTER CREEK EST SEC 1, LOT 10, ACRES 2.04
Census Tract673300
Assessed Land Value$263,516
Assessed Improvement Value$377,584
Assessment Year2025

About this property

THIS HOME YOU WILL WANT TO SEE. DRIVE OVER THE BRIDGE TO THE SOUGHT-AFTER FOSTER ISLAND SECTION, THIS IS A BEAUTIFUL HOME ON 2+ PECAN TREE WOODED ACRES, OVER 14 TREES, 7 ARE PECANS . CIRCULAR DRIVE AND DETACHED 3 CAR GARAGE WITH 3 CAR PORTE-CHACHERE. AS YOU WALK INTO FRONT DOOR YOU WILL LOVE THE OPEN CONCEPT AND THE WOOD PLANK TILE FLOORS. LOTS OF UPDATES INCLUDING THE GRANITE KITCHEN AND ISLAND AND LARGE FARM SINK AND THE POT FILLER OVER THE 5 BURNER GAS COOKTOP AND SOFT CLOSE CABINETS AND DRAWERS. 3/4 BEDROOMS AND A FLEX ROOM OFF KITCHEN, THIS ROOM COULD BE ANYTHING FROM QUARTERS (IT HAS A MICRO-FRIDGE-SINK THAT ALL STAY WITH HOME), OR COULD BE OFFICE, WORK ROOM ETC. OWNER HAS TURNED 2 OF THE 3 CAR GARAGES INTO HIS OFFICE/WORKSHOP AND IT HAS A HALF BATH AND ITS OWN AC. BEAUTIFUL PECAN TREES AND NO REAR NEIGHBORS. MOST OF THE 2 ACRES HAS A SPRNKLER SYSTEM. GENERAC INSTALLED BEHIND GARAGE. FORMAL DINING AND OPEN ROOM THAT COULD BE STUDY ETC. LARGE COVERED PATIO WITH COOL DECK.

Investor Tools

Property Icon
$784,000
Estimated Property Value
$232,544Estimated Mortgage Balance
$551,456Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,704 /month
Positive
Cash Flow Estimate:
$1,568 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,038/month
$308/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,531
$641,100
2025
$263,516
$377,584
$641,100
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,531
$641,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$250,000
No
First
Aug 31, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$232,544
$551,456
70%
30%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,807/mo
+$313/mo
3.2%

City: Richmond

7319 Foster Island Drive | Property Details | No Agent List