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$351,073

7515 Sonora Star Ln, Richmond, TX, 77407

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,831 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.31 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher

Exterior

Lot Size6,176 sqft

Building Information

Year Built2021
Garage Spaces1

Land Information

APN4757-08-001-0100-907
Lot Number10
SubdivisionLakeview Retreat Sec 8
Land UseResidential
Legal DescriptionLAKEVIEW RETREAT SEC 8, BLOCK 1, LOT 10
Census Tract672907
Assessed Land Value$37,538
Assessed Improvement Value$313,535
Assessment Year2025

About this property

This modern rental property, just 4 years old, boasts a spacious and open floor plan, ideal for both entertaining and everyday living. As you enter, you're greeted by an extended foyer that leads into a bright and airy living space. The gourmet kitchen is a standout, featuring sleek quartz countertops, a large island perfect for meal prep or casual dining, and tall cabinetry offering ample storage. With many energy-efficient features throughout, this home is designed to save on utilities while keeping you comfortable year-round. This property is located in a neighborhood that has never experienced flooding, providing peace of mind in terms of safety and sustainability. In addition, residents can enjoy a variety of neighborhood amenities, enhancing the overall living experience. Washer, dryer and refrigerator stay. Ready for March 1 move-in. Please see listing agent for showings and/or application procedures.

Investor Tools

Property Icon
$351,073
Estimated Property Value
$320,069Estimated Mortgage Balance
$0Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,106 /month
Positive
Cash Flow Estimate:
$702 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$454/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,697
$351,073
2025
$37,538
$313,535
$351,073
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,697
$351,073

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$320,069
No
First
Aug 18, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$291,173
$59,900
17%
83%
$1,919/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,050/mo
$1,919/mo
+$1,131/mo
10.4%

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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7515 Sonora Star Ln | Property Details | No Agent List