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$360,005

NAL Estimated Property Value

7410 Avalon Trace, Richmond, TX, 77407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,032 Sq Ft
price_per_sqft$167.27 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringTile, Vinyl

Exterior

Lot Size6,372 sqft

Building Information

Year Built2010
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4797-01-003-0090-901
Lot Number9
SubdivisionLakemont Manor Sec 1
Land UseResidential
Legal DescriptionLAKEMONT MANOR SEC 1, BLOCK 3, LOT 9
Census Tract672906
Assessed Land Value$59,582
Assessed Improvement Value$300,423
Assessment Year2025

About this property

Welcome to this breathtaking lakeside home, where beauty meets comfort. This stunning one story home offers an unparalleled view of the tranquil lake, coupled with recently completed renovations that bring a fresh and modern ambiance to the interiors. With 3 bedrooms, 2 bathrooms, this home is the epitome of refined living. The spacious and airy open concept layout creates an inviting atmosphere throughout the home. The living, dining, and kitchen areas seamlessly flow together, perfect for entertaining friends and family or simply enjoying everyday living. The expansive backyard offers a serene escape with a spacious patio. ideal to Spend tranquil evenings savoring the sunset with your significant half.

Investor Tools

Property Icon
$360,005
Estimated Property Value
$0Estimated Mortgage Balance
$360,005Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$495/month
$755/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,142
$360,005
2025
$59,582
$300,423
$360,005
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,142
$360,005

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$360,005
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$755/mo
+$1,605/mo
7.9%

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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