$2,200
7414 Misty Iris Way, Richmond, TX, 77469
On Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesWater Heater, Disposal, Ice Maker, Gas Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Vinyl
Exterior
Lot Size7,801 sqft
Building Information
Year Built2023
Garage Spaces1
Land Information
APN8951-02-008-0030-901
Lot Number3
SubdivisionWindstone On The Prairie Sec 2
Land UseResidential Single Family Houses
Legal DescriptionWINDSTONE ON THE PRAIRIE SEC 2, BLOCK 8, LOT 3
Census Tract675501
Assessed Land Value$108,355
Assessed Improvement Value$231,558
Assessment Year2025
About this property
Welcome Home to this Beautiful, Spacious 4 Bedroom, 3 Full Bathroom 2 Story Home with 2 Car Attached Garage*Includes Washer, Dryer, Microwave & Refrigerator*Master Bedroom Down*3 Bedrooms & Game room Up*Fenced Back Yard*Low Maintenance Vinyl Plank Flooring in Kitchen, Family, Entry & Bathrooms*Plush Carpet in Bedrooms*Pets Accepted on a Case by Case Basis*Conveniently Located Near 59 Freeway, Sam Houston Tollway & Shopping Centers*Must See !
Investor Tools
$278,761Estimated Mortgage Balance
$96,108Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,238 /month
Positive
Cash Flow Estimate:
$746 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$940/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,412
$339,913
2025
$108,355
$231,558
$339,913
No
Tax History
Year
Tax Paid
Assessed Value
2025
$9,412
$339,913
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$292,012
Yes
First
Nov 9, 2023
Dec 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,761
$65,239
18%
75%
$1,751/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,300/mo
$1,751/mo
+$549/mo
7.4%
