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$315,000

7502 Monarch Forest Ln, Richmond, TX, 77469

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,039 Sq Ft
price_per_sqft$154.49 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringCarpet, Tile

Exterior

Lot Size7,438 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN8914-24-002-0050-901
Lot Number5
SubdivisionWalnut Creek Sec 24
Land UseResidential
Legal DescriptionWALNUT CREEK SEC 24, BLOCK 2, LOT 5
Census Tract675503
Assessed Land Value$49,550
Assessed Improvement Value$262,639
Assessment Year2025

About this property

Tenant occupied till 1/31/2027. Gorgeous 1-story, 3BR/2BA home featuring a 4-sided brick exterior in the desirable Walnut Creek community of Rosenberg. The open-concept layout showcases beautiful wood-look tile flooring through all common areas and cozy, plush carpet in the bedrooms. The modern kitchen comes complete with stainless steel appliances. Enjoy outdoor living on the spacious covered patio. Low-maintenance living at its finest—schedule your showing today!

Investor Tools

$364,906Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,938 /month
Positive
Cash Flow Estimate:
$646 /month

Interested in this property?

Kristy Chan

Bauhinia Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$543/month
$630/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,898
$312,189
2025
$49,550
$262,639
$312,189
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,898
$312,189

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cathay Bank
Conventional
$198,736
No
First
Oct 8, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$364,906
N/A
0%
113%
$1,984/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$2,614/mo
$-834/mo
6.6%

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.

Explore Texas Explore This Area
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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7502 Monarch Forest Ln | Property Details | No Agent List