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$412,000

NAL Estimated Property Value

8006 Colony Chase Ct, Richmond, TX, 77407

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,572 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.93 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,374 sqft

Building Information

Year Built2020
Garage Spaces2

Land Information

APN3536-19-002-0650-907
Lot Number65
SubdivisionGrand Vista Sec 19
Land UseResidential
Legal DescriptionGRAND VISTA SEC 19, BLOCK 2, LOT 65
Census Tract672907
Assessed Land Value$55,692
Assessed Improvement Value$342,715
Assessment Year2025

About this property

Experience beautiful memories in this property is located in grand vista community of Richmond, TX. This beautifully well maintained 4-bedroom, 3 bath home seated on a Cul-de-sac has a covered patio and spacious backyard. Landlord requires 3 times of rent as income. room sizes are approximate, please re-verify. Home will be ready for move-in the first week of May 2023. Showing starts April 19, 2023. Kindly send showing requests at least two hours prior to showing.

Investor Tools

Property Icon
$412,000
Estimated Property Value
$175,686Estimated Mortgage Balance
$236,314Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,472 /month
Positive
Cash Flow Estimate:
$824 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$696/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,290
$398,407
2025
$55,692
$342,715
$398,407
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,290
$398,407

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Chen Chen Chi
Conventional
$195,000
No
First
Mar 26, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$175,686
$224,314
56%
43%
$1,170/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,050/mo
$1,170/mo
+$1,880/mo
8.9%

City: Richmond

8006 Colony Chase Ct | Property Details | No Agent List