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$528,214

NAL Estimated Property Value

7602 Mesquite Hill Lane, Richmond, TX, 77469

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,438 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.48 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Lot Size10,723 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN3027-02-001-0100-901
Lot Number10
SubdivisionGreatwood Lake Sec 2a
Land UseResidential
Legal DescriptionGREATWOOD LAKE SEC 2A, BLOCK 1, LOT 10
Census Tract674602
Assessed Land Value$139,152
Assessed Improvement Value$389,062
Assessment Year2025

About this property

WHY WAIT TO BUILD WHEN YOU CAN HAVE IT ALL...AND MORE…AND NOW! Impeccable one-story completed in 2021 on an OVERSIZED PRIVATE LOT…a pool can easily fit here. Four bedrooms and THREE FULL BATHS. Walk-in closets. Wood like tile flooring in the entry, study, family room, kitchen and the large casual dining area. Open floor plan. The kitchen has DOUBLE OVENS, gas cook top, step-in pantry & granite countertops. Spacious primary suite with large WALK-IN CLOSET. Granite countertops in ALL OF THE BATHS. 9 foot doors and high ceilings add to the comfort. Upgrade hardware and fixtures. WASHER, DRYER & REFRIGERATOR are included. Back pack rack. THREE CAR GARAGE!! Double pane windows & TechShield. Huge COVERED BACK PATIO with ceiling fans & a gas stem for a future outdoor grill. Seven zoned sprinkler system. French drains. Zoned for GEORGE RANCH HIGH SCHOOL. No disappointments!

Investor Tools

Property Icon
$528,214
Estimated Property Value
$341,070Estimated Mortgage Balance
$187,144Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,169 /month
Positive
Cash Flow Estimate:
$1,056 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$740/month
$775/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,236
$528,214
2025
$139,152
$389,062
$528,214
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,236
$528,214

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Florida Capital Bank Na
Conventional
$368,000
No
First
Jun 16, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$341,070
$187,144
35%
65%
$2,207/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,300/mo
$2,982/mo
$-682/mo
5.2%

Learn About the Market: Opportunity in Texas

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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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7602 Mesquite Hill Lane | Property Details | No Agent List