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$419,000

8826 Houston Falls Lane, Richmond, TX, 77407

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.45 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Freestanding Oven, Microwave, Gas Range, Dishwasher
FlooringTile

Exterior

Exterior FeaturesOutdoor Kitchen, Sprinkler System
Lot Size10,304 sqft

Building Information

Year Built2015
Roof Type105
Garage Spaces2

Land Information

APN3528-20-001-0340-907
Lot Number34
SubdivisionGrand Mission Estates Sec 20
Land UseResidential
Legal DescriptionGRAND MISSION ESTATES SEC 20, BLOCK 1, LOT 34
Census Tract672903
Assessed Land Value$96,876
Assessed Improvement Value$322,263
Assessment Year2025

About this property

Discover this beautifully upgraded one-story home in the sought-after Grand Mission subdivision, completely rebuilt in 2020 by David Weekley Custom Homes. Featuring 10-foot ceilings and 8-foot doors throughout, this home offers a spacious and luxurious feel from the moment you walk in. The kitchen is a chef’s dream with quartz countertops, an oversized island, walk-in pantry, and a tankless water system for added efficiency. Tile flooring runs throughout the entire home, adding both style and durability. The primary suite includes a SPA-LIKE BATH retreat and a custom walk-in closet with built-in shelving. Step outside to a backyard designed for entertaining—complete with a BUILT-IN GRILL, sink, RELAXING FISH BOND, and an ABOVE-GROUND HOT TUB, perfect for weekend gatherings THE BACKYARD IS HUGE with 10,304 SQFT LOT SIZE . A rare, move-in-ready gem with custom craftsmanship throughout! Seller might need a lease-back for 30 days

Investor Tools

$281,651Estimated Mortgage Balance
$144,349Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,556 /month
Positive
Cash Flow Estimate:
$852 /month

Interested in this property?

David Huy Nguyen

Vin Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$573/month
$1,000/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,742
$419,139
2025
$96,876
$322,263
$419,139
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$4,742
$419,139

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mai Pham
Purchase Money Mortgage
$305,000
No
First
May 27, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$281,651
$144,349
33%
66%
$1,829/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,360/mo
$2,829/mo
$-469/mo
6.6%

City: Richmond

8826 Houston Falls Lane | Property Details | No Agent List