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$320,000

2009 Briar Ln, Richmond, TX, 77469

$370,127 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,786 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.86 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesOven, Dishwasher

Exterior

Private PoolPrivate Pool
Lot Size12,460 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN2522-02-006-0050-901
Lot Number5
SubdivisionCountry Club Estates Sec 2
Land UseResidential
Legal DescriptionCOUNTRY CLUB ESTATES SEC 2, BLOCK 6, LOT 5
Census Tract674702
Assessed Land Value$27,768
Assessed Improvement Value$351,086
Assessment Year2026

About this property

The subject appears to be well maintained for an older home, with overall appeal consistent with surrounding residential development. The property features a pool and offers good potential for updates and improvements. It is conveniently located near shopping, schools, and other community services, making it attractive to both investors and owner-occupant families.

Investor Tools

$502,386Estimated Mortgage Balance
$366,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$370,127
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,196 /month
Positive
Cash Flow Estimate:
$732 /month

Interested in this property?

Ronald Hood

NeighborHOOD & Commercial REO

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$365/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,555
$350,769
2026
$27,768
$351,086
$378,854
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,555
$350,769

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cherry Creek Mortgage Co Inc
Reverse Mortgage / Hecm
$525,000
No
First
Feb 23, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$502,386
N/A
0%
137%
$3,395/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,370/mo
$3,395/mo
$-1,025/mo
7.8%

City: Richmond

2009 Briar Ln | Property Details | No Agent List