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$303,419

NAL Estimated Property Value

7411 Pipe Creek Ln, Richmond, TX, 77407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,813 Sq Ft
price_per_sqft$148.92 / sqft
Year BuiltBuilt in 2007

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
AppliancesElectric Oven, Microwave, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,427 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4794-03-002-0120-901
Lot Number12
SubdivisionLakemont Terrace Sec 3
Land UseResidential
Legal DescriptionLAKEMONT TERRACE SEC 3, BLOCK 2, LOT 12
Census Tract672906
Assessed Land Value$38,002
Assessed Improvement Value$265,417
Assessment Year2025

About this property

Welcome home! This 3 bedroom 2 bath 2 car garage awaits it's new owner. Ranch-style home with formal dining, kitchen with breakfast bar, breakfast nook, and spacious living room. Primary bedroom with en suite bath featuring double sinks and separate shower and tub. New luxury vinyl flooring installed in dining, living room, and hallways. Fresh paint throughout. Nicely sized secondary bedrooms share a bathroom. Backyard patio and plenty of green space to enjoy outdoor activities or let Fido run. Quick access to 1093 and 99 for communtes in and around the metro area.

Investor Tools

Property Icon
$303,419
Estimated Property Value
$251,600Estimated Mortgage Balance
$51,819Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,821 /month
Positive
Cash Flow Estimate:
$607 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$396/month
$672/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,238
$303,419
2025
$38,002
$265,417
$303,419
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,238
$303,419

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$275,000
Yes
First
Nov 29, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,600
$51,819
17%
83%
$1,649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$2,321/mo
+$39/mo
9.3%

City: Richmond

7411 Pipe Creek Ln | Property Details | No Agent List