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$649,000

3002 Olive Meadow Ct, Richmond, TX, 77406

$678,173 ARVInfo
On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths3,984 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.9 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Dryer Included, Refrigerator Included, Washer Included, Gas Oven, Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesSprinkler System
Lot Size9,909 sqft

Building Information

Year Built2023
Garage Spaces2

Land Information

APN5296-09-001-0140-901
Lot Number14
SubdivisionMccrary Meadows Sec 9
Land UseResidential Single Family Houses
Legal DescriptionMCCRARY MEADOWS SEC 9, BLOCK 1, LOT 14
Census Tract673404
Assessed Land Value$74,360
Assessed Improvement Value$525,440
Assessment Year2026

About this property

Stunning two-story single-family residence by Westin Homes (Carter IX) 2023. Located on a spacious 0.23-acre lot in a quiet cul-de-sac, lakeview within the desirable McCrary Meadows community of Richmond, Texas, home seamlessly combines modern architectural design with everyday functionality. Generous Living Space, accommodating Layout, Stunning Entryway: Signature Westin Homes rotunda entry featuring a dramatic winding staircase greets you upon arrival. Expansive private master suite located downstairs for ultimate seclusion, alongside a highly convenient secondary bedroom and full bath also on the first floor. Upper level is an entertainer's dream, complete with both a spacious Game Room and a Media Room. Includes both formal living and dining rooms to handle large gatherings, balanced by casual spaces that open up to a covered patio out back. Built-in 2-car garage offers ample parking and storage space. SS Appliances. Upgrades: a screened patio and a custom entry glass door.

Investor Tools

$383,830Estimated Mortgage Balance
$256,170Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$678,172
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

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Seema Pirzada

CLIENT FIRST REAL ESTATE

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,426/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,918
$599,800
2026
$74,360
$525,440
$599,800
No

Tax History

Year
Tax Paid
Assessed Value
2025
$13,918
$599,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Heb Fcu
Conventional
$409,000
No
First
Jun 27, 2023
Jul 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$383,830
$256,170
40%
60%
$2,453/mo

City: Richmond

3002 Olive Meadow Ct | Property Details | No Agent List