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$401,000

NAL Estimated Property Value

8047 Marchese Drive, Richmond, TX, 77406

SoldInfo
7/22/26
LeaseInfo
Beds5 Beds
Baths4 Bath
Baths2,497 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.12 / sqft
Year BuiltBuilt in 2025

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher, Instant Hot Water
FlooringCarpet, Tile

Exterior

Lot Size5,512 sqft

Building Information

Garage Spaces2

Land Information

APN7222-04-002-0400-901
Lot Number40
SubdivisionSorrento Sec 4
Land UseInventory
Legal DescriptionSORRENTO SEC 4, BLOCK 2, LOT 40
Census Tract673300
Assessed Land Value$47,000
Assessment Year2025

About this property

Be the very first to live in this stunning, year 2026, newly completed 5-bedroom residence, thoughtfully designed with soaring high ceilings and nestled in the peaceful neighborhood of Sorrento. Every detail is fresh and untouched. Brand-new appliances and modern finishes throughout. Enjoy the convenience of a spacious primary bedroom on the first floor, along with a dedicated study—perfect for working from home —and a game room with 3 bedrooms on the second level. The house offers generous living areas and a space for everyone. All applicants will be considered —including those with credit scores below 580. Housing vouchers are welcome.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$232/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$783
$47,000
2025
$47,000
N/A
$47,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$783
$47,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$341,990
No
First
Mar 30, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$340,010
$60,990
15%
85%
$2,051/mo

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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8047 Marchese Drive | Property Details | No Agent List