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$342,101

8022 Thorncroft Manor Ln, Richmond, TX, 77407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,132 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.13 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Wood, Vinyl

Exterior

Lot Size6,441 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3523-12-001-0330-907
Lot Number33
SubdivisionGrand Mission Sec 12
Land UseResidential
Legal DescriptionGRAND MISSION SEC 12, BLOCK 1, LOT 33
Census Tract672907
Assessed Land Value$85,050
Assessed Improvement Value$257,051
Assessment Year2025

About this property

Welcome to this charming home in Grand Mission Subdivision! Situated on a corner lot, this well-maintained property features high ceilings, fresh paint, and top-of-the-line Samsung stainless steel appliances. Conveniently located near major highways like West Park Tollway, 99, and 1093, as well as shopping centers and dining options. Enjoy the benefit of a low tax rate in this cozy abode. A must-see for anyone looking for a beautiful home with modern amenities in a desirable location!

Investor Tools

Property Icon
$342,101
Estimated Property Value
$260,950Estimated Mortgage Balance
$84,580Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,053 /month
Positive
Cash Flow Estimate:
$684 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$574/month
$1,150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,183
$342,101
2025
$85,050
$257,051
$342,101
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,183
$342,101

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Bay Cu
Conventional
$260,950
No
First
Aug 15, 2025
Sep 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$257,521
$84,580
24%
75%
$1,565/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$2,715/mo
$-355/mo
8.3%

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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8022 Thorncroft Manor Ln | Property Details | No Agent List