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$379,000

NAL Estimated Property Value

815 Tori Rd, Richmond, TX, 77469

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,700 Sq Ft
price_per_sqft$247.05 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
CoolingCooling

Exterior

Lot Size1.66 acres

Building Information

Year Built1983
Stories2
Roof Type105
Garage Spaces2

Land Information

APN0276-00-007-0350-901
Lot Number35
SubdivisionWm Lusk
Land UseResidential
Legal Description0276 WM LUSK, ACRES 1.66, LOT 35, TRACT 7 U/R S/D
Census Tract675502
Assessed Land Value$188,063
Assessed Improvement Value$180,941
Assessment Year2025

About this property

Located close to the bustling Brazos Town Center with an abundance of shopping and dining options, this completely remodeled home sits on a spacious 1.66-acre unrestricted lot, offering a perfect blend of country living with city convenience. The home features a unique layout with a living area, two bedrooms, and a beautiful balcony overlooking the land upstairs, while the primary suite is located downstairs. Recent updates include: New roof with 30-year shingles, New central HVAC & ducts; Fresh interior and exterior paint; New wood-look SPC flooring throughout; Remodeled kitchen with new soft-closing cabinets, stainless steel appliances, granite countertops, sink, and faucet; Remodeled bathroom with a new tub and tile wrap, new vanity, faucets, and toilets; New light fixtures throughout and a lot more. Easy access to I-69/US-59 and benefits from a low tax rate of only 1.58% in 2023, with no HOA.

Investor Tools

Property Icon
$379,000
Estimated Property Value
$312,446Estimated Mortgage Balance
$379,000Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$640/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,789
$369,004
2025
$188,063
$180,941
$369,004
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,789
$369,004

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Orca Residential Fund I Llc
Commercial
$328,950
No
First
Aug 30, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,446
$69,554
18%
82%
$1,973/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$1,973/mo
$-193/mo
5.6%

City: Richmond

815 Tori Rd | Property Details | No Agent List