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$588,000

NAL Estimated Property Value

8306 Crescent Knolls Drive, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,634 Sq Ft
price_per_sqft$101.79 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Cooktop, Electric Oven
FlooringCarpet, Tile, Wood

Exterior

Lot Size9,916 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces2

Land Information

APN5121-11-002-0110-901
Lot Number11
SubdivisionLong Meadow Farms Sec 11
Land UseResidential
Legal DescriptionLONG MEADOW FARMS SEC 11, BLOCK 2, LOT 11
Census Tract673404
Assessed Land Value$88,660
Assessed Improvement Value$494,664
Assessment Year2025

About this property

Don't miss an opportunity for this great home on a ravine lot! Two-story entry w/sweeping wrought iron stairway that overlooks 2story den! Gourmet kitchen w/large granite island, dark cabinets, double stainless ovens, gas range cooktop and brand new backsplash! Open floor plan with tons of natural light perfect for hosting. New hard wood floors in study, formal living, master bedroom and upstairs landing. Downstairs master bd w/bay window, great master bath w/whirlpool, separate shower, his & her walk in closets! Upstairs computer nook, large gameroom & 3bds! Covered outdoor patio!

Investor Tools

Property Icon
$588,000
Estimated Property Value
$94,666Estimated Mortgage Balance
$493,334Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,528 /month
Positive
Cash Flow Estimate:
$1,176 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$749/month
$850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,046
$515,416
2025
$88,660
$494,664
$583,324
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,046
$515,416

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Usaa Fsb
Conventional
$110,000
No
First
May 2, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,666
$493,334
83%
16%
$660/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$1,510/mo
+$1,230/mo
5.6%

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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8306 Crescent Knolls Drive | Property Details | No Agent List