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$342,000

NAL Estimated Property Value

7514 Cove Royale Ln, Richmond, TX, 77407

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,233 Sq Ft
TimeshareTimeshare
price_per_sqft$129.87 / sqft
Year BuiltBuilt in 2005

Highlights

Interior

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

Exterior

Lot Size6,762 sqft

Building Information

Year Built2005
Stories2
Roof Type105
Garage Spaces2

Land Information

APN3523-10-002-0390-907
Lot Number39
SubdivisionGrand Mission Sec 10
Land UseResidential
Legal DescriptionGRAND MISSION SEC 10, BLOCK 2, LOT 39
Census Tract672907
Assessed Land Value$82,158
Assessed Improvement Value$222,394
Assessment Year2025

About this property

COMING SOON THE VIRTUAL WALKTHROUGH AND PICTURES ~ You are going to love all this beautiful home has to offer! Welcome to this 4 bedroom, 2.5 baths, two-story home with an inviting floor plan in the heart of Richmond's sought after, Grand Mission Subdivision! You are so close to everything the community and the surrounding area has to offer! Shopping, Dining, Lakes, Jogging Trails, 2 community pools, rec center, walking distance to Seguin Elementary, and exceptional Ft. Bend ISD schools...it's all here. Not to mention the beautiful living with stunning tiled flooring in the kitchen and living areas. A kitchen ready for the chef, with Granite counters and GE appliances. The huge backyard is made for entertaining outside and perfect to build a pool. The home is waiting for you! Don’t let this one pass you by.

Investor Tools

Property Icon
$342,000
Estimated Property Value
$203,327Estimated Mortgage Balance
$138,673Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,052 /month
Positive
Cash Flow Estimate:
$684 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$553/month
$710/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,930
$304,552
2025
$82,158
$222,394
$304,552
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,930
$304,552

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houston Home Loan Inc
Conventional
$224,800
No
First
May 11, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$203,327
$129,673
38%
59%
$1,348/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,050/mo
$2,058/mo
+$992/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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7514 Cove Royale Ln | Property Details | No Agent List