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$342,442

NAL Estimated Property Value

7418 Boxwood Ridge Ln, Richmond, TX, 77407

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,185 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.57 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Deal ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size6,306 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3523-09-001-0250-907
Lot Number25
SubdivisionGrand Mission Sec 9
Land UseResidential
Legal DescriptionGRAND MISSION SEC 9, BLOCK 1, LOT 25
Census Tract672906
Assessed Land Value$85,000
Assessed Improvement Value$257,442
Assessment Year2025

About this property

This immaculate one story four bedroom home has a wonderful open concept, upgrades throughout and so much natural lighting. This home has upscale hand scraped hardwood floors throughout the living, dining room and primary bedroom. The kitchen is so beautifully remodeled with tall custom cabinets that soft close. The massive kitchen counter tops and islands are a gorgeous quartz and the island has bar seating. The kitchen also shows off its stainless steel appliances along with a built in 36 bottle wine fridge! The living room is all you can ask for and more with a cozy fireplace. The primary bedroom is the perfect size and the ensuite is completely remodeled and simply stunning with a frameless shower plus elegant Italian wood-like tile floors. This home is located conveniently off 1093 and inside the admired Grand Mission neighborhood which has a community center, parks, fitness center, pool, water spray park, lakes, trails & more! Note: new water heater 2019 & new roof 2018.

Investor Tools

Property Icon
$342,442
Estimated Property Value
$249,845Estimated Mortgage Balance
$92,597Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,055 /month
Positive
Cash Flow Estimate:
$685 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$605/month
$875/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,544
$342,442
2025
$85,000
$257,442
$342,442
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,544
$342,442

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hana Ton Etal
Open End Mortgage / Open End With Future Advance Clause
$230,000
No
First
Mar 21, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,845
$92,597
27%
73%
$1,559/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,050/mo
$2,434/mo
+$616/mo
10.7%

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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7418 Boxwood Ridge Ln | Property Details | No Agent List