$329,314
NAL Estimated Property Value7518 Cove Royale Ln, Richmond, TX, 77407
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDishwasher, Disposal, Microwave, Gas Range
FlooringTile, Wood
Exterior
Lot Size7,235 sqft
Building Information
Year Built2006
Stories1
Roof Type105
Garage Spaces2
Land Information
APN3523-10-002-0400-907
Lot Number40
SubdivisionGrand Mission Sec 10
Land UseResidential
Legal DescriptionGRAND MISSION SEC 10, BLOCK 2, LOT 40
Census Tract672907
Assessed Land Value$86,072
Assessed Improvement Value$243,242
Assessment Year2025
About this property
Home is renovated and ready to sell - but never flooded - ever. Step into this gorgeous one story house at the cul-de-sac. No carpet - interior has attractive update tiling in the rooms, bathroom and kitchen. Hardwood floors in formal dining, family, hallway and study. Home is freshly painted. Kitchen brand new stainless steel microwave and new gas range. Countertops are newly installed granite and brand new tile backsplash. Grand mission is a masterplanned community with recreational center and jogging trails. Set up your viewing before it's gone.
Investor Tools
$329,314
Estimated Property Value
$583,882Estimated Mortgage Balance
$329,314Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,976 /month
Positive
Cash Flow Estimate:
$659 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$282/month
$872/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,741
$329,314
2025
$86,072
$243,242
$329,314
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,741
$329,314
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$299,475
Yes
First
Dec 13, 2024
Jan 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$583,882
N/A
0%
177%
$3,592/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,050/mo
$4,464/mo
$-1,414/mo
11.1%
