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$512,000

7402 Irby Cobb Blvd, Richmond, TX, 77469

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,478 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.96 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Gas Oven
FlooringTile, Wood

Exterior

Lot Size9,634 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN8914-13-004-0140-901
Lot Number14
SubdivisionWalnut Creek Sec 13
Land UseResidential
Legal DescriptionWALNUT CREEK SEC 13, BLOCK 4, LOT 14
Census Tract675503
Assessed Land Value$76,291
Assessed Improvement Value$323,654
Assessment Year2025

About this property

Nestled in the community of Walnut Creek, this beautiful home designed by Lennar is complete with 4 bedrooms, private study, formal dining room, & more. Architectural design & features include hardwood floors, cast stone gas log fireplace, & spacious private bedroom suites. Seamless open spaces within the kitchen, family room & breakfast areas are perfect for large scale entertaining as well as comfortable living. The beautifully equipped kitchen features a massive island, granite countertops, abundant cabinetry, and clad stainless steel GE Profile appliances. Enjoy the builder's vision of luxury in the master retreat with a wall of windows & high ceilings. The master bath offers a spa-like experience with a grand soaking tub, his & her vanities, and walk-in closets! Enjoy secondary bedrooms with spacious closets. The impressive study closes off with french doors for added privacy. Close proximity to dining, shopping, & entertainment. Zoned to award-winning schools.

Investor Tools

Property Icon
$512,000
Estimated Property Value
$259,350Estimated Mortgage Balance
$283,475Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,072 /month
Positive
Cash Flow Estimate:
$1,024 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$574/month
$575/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,332
$399,945
2025
$76,291
$323,654
$399,945
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,332
$399,945

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$259,350
No
First
Apr 30, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,525
$171,420
42%
45%
$1,555/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,300/mo
$2,130/mo
+$170/mo
5.4%

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: Richmond

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