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$315,000

9431 Summer River Dr, Richmond, TX, 77406

PendingInfo
Beds4 Beds
Baths3 Bath
Baths2,256 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.63 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size6,260 sqft

Building Information

Year Built2018
Garage Spaces2

Land Information

APN2708-07-001-0110-901
Lot Number11
SubdivisionCreekside Ranch Sec 7
Land UseResidential
Legal DescriptionCREEKSIDE RANCH SEC 7, BLOCK 1, LOT 11
Census Tract673402
Assessed Land Value$97,500
Assessed Improvement Value$255,349
Assessment Year2025

About this property

The spacious two-story Larkspur home by Lennar features a welcoming foyer, formal dining room, gourmet kitchen with walk-in pantry and adjoining breakfast nook, large family room, and a master bedroom with en suite bathroom that offers dual sinks, a private toilet enclosure, separate shower and tub, and a large walk-in master closet. The second floor of the home boasts three additional bedrooms and a game room.

Investor Tools

$0Estimated Mortgage Balance
$352,849Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,117 /month
Positive
Cash Flow Estimate:
$706 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$637/month
$936/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,877
$352,849
2025
$97,500
$255,349
$352,849
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$5,877
$352,849

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$352,849
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$936/mo
+$1,804/mo
9.3%

City: Richmond