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$389,000

7511 Monarch Forest Ln, Richmond, TX, 77469

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,535 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.45 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Cooktop
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,273 sqft

Building Information

Year Built2021
Garage Spaces2

Land Information

APN8914-24-001-0080-901
Lot Number8
SubdivisionWalnut Creek Sec 24
Land UseResidential
Legal DescriptionWALNUT CREEK SEC 24, BLOCK 1, LOT 8
Census Tract675503
Assessed Land Value$42,900
Assessed Improvement Value$349,235
Assessment Year2025

About this property

Welcome to this unique multi-generational home offering comfort, privacy, and flexibility. The first floor features a spacious primary suite plus a fully independent living area with its own bedroom, full bath, living room, and kitchen—ideal for aging parents, adult children, guests, or rental income. Enjoy the convenience of staying connected while maintaining private living spaces. The open-concept kitchen flows seamlessly into the main living and dining areas, creating a bright and inviting atmosphere. The primary bedroom and bath are conveniently located on the first floor. Upstairs offers an additional bedroom and full bath, perfect for guests, a home office, or a private retreat. This versatile layout is also ideal for short-term rentals or Airbnb opportunities. Additional features include a lawn irrigation system, water softener, and EV charging outlet in the garage. A rare opportunity combining flexibility, comfort, and investment potential.

Investor Tools

$0Estimated Mortgage Balance
$398,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,388 /month
Positive
Cash Flow Estimate:
$796 /month

Interested in this property?

Yangfeng Gao

Forever Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$517/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,216
$392,135
2025
$42,900
$349,235
$392,135
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,216
$392,135

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$396,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,300/mo
$700/mo
+$1,600/mo
6.9%

City: Richmond

7511 Monarch Forest Ln | Property Details | No Agent List