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$319,000

8114 Fairfield Manor Way, Richmond, TX, 77407

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,850 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.22 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

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
FlooringTile

Exterior

Lot Size5,399 sqft

Building Information

Year Built2017
Garage Spaces2

Land Information

APN3536-16-003-0130-907
Lot Number13
SubdivisionGrand Vista Sec 16
Land UseResidential
Legal DescriptionGRAND VISTA SEC 16, BLOCK 3, LOT 13
Census Tract672907
Assessed Land Value$49,920
Assessed Improvement Value$259,346
Assessment Year2025

About this property

COZY ONE-STORY HIGH MAINTAINED TAYLOR MORRISON HOME IN A MASTER-PLANNED COMMUNITY BY JOHNSON DEVELOPMENT. QUIET NEIGHBORHOOD. GOOD SCHOOL DISTRICT. 2 AREA POOLS. WOOD FLOORS THROUGHOUT - WALLS DECORATED LIKE THE MODEL HOME. HIGH EFFICIENCY HVAC & WINDOW SHUTTERS. OFFERING PRIVATE ESCAPE BACKYARD WITH EXTENDED COVERED PATIO, WITH TRAVERTINE AND ARTIFICIAL TUFF. SMART HOME FEATURES INCLUDE SPRINKLER SYSTEM, SWITCHES, LOCKS. EASY ACCESS TO MAJOR ROADS AS FM-1093, WESTHEIMER, WEST PARK TOLLWAY, HW6, BELWAY8.

Investor Tools

Property Icon
$319,000
Estimated Property Value
$162,000Estimated Mortgage Balance
$171,344Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$390/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,080
$309,266
2025
$49,920
$259,346
$309,266
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,080
$309,266

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home Point Financial Corporation
Conventional
$162,000
No
First
Sep 17, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$147,656
$167,344
53%
46%
$972/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$972/mo
+$1,388/mo
8.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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8114 Fairfield Manor Way | Property Details | No Agent List