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$346,004

NAL Estimated Property Value

9615 Summer River Dr, Richmond, TX, 77406

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,951 Sq Ft
price_per_sqft$179.4 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer, Water Purifier
FlooringCarpet, Laminate

Exterior

Lot Size6,250 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN2708-08-003-0080-901
Lot Number8
SubdivisionCreekside Ranch Sec 8
Land UseResidential
Legal DescriptionCREEKSIDE RANCH SEC 8, BLOCK 3, LOT 8
Census Tract673402
Assessed Land Value$97,500
Assessed Improvement Value$248,504
Assessment Year2025

About this property

Welcome to 9615 Summer River in Richmond, Texas. This Lennar Home built in 2019 offers 4 beds & 2 full baths with a fantastic foyer that welcomes you inside where you discover some amazing features such as soaring ceilings, stainless steel appliances, double-wide kitchen island, breakfast bar, luxury backsplash, granite counter tops, an oversized primary bedroom with two walk-in closets, double vanity, soaking tub, double pane windows, cordless blinds, covered back patio and much more! Equipped with smart switches & camera doorbell. Conveniently located near top-rated schools, shopping, and dining! Easy access to Westpark Tollway (7 mins) & Grand Pkwy (10 mins). A 12 min walk to your neighborhood Recreation Center, 3-min drive to Bentley Elementary. LOW tax rate and HOA dues. Ask about lease-to-purchase program!

Investor Tools

Property Icon
$346,004
Estimated Property Value
$261,375Estimated Mortgage Balance
$84,629Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$466/month
$936/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,865
$346,004
2025
$97,500
$248,504
$346,004
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,865
$346,004

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amwest Funding Corp
Conventional
$272,000
No
First
Mar 14, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,375
$84,629
24%
76%
$1,631/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,740/mo
$2,567/mo
+$173/mo
9.5%

City: Richmond