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$299,900

4311 Fm 2218 Rd, Richmond, TX, 77469

$326,553 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,111 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.07 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesWater Softener Rented, Electric Oven, Freestanding Oven, Electric Range, Free-Standing Range
FlooringLaminate, Tile, Wood

Exterior

Lot Size35,205 sqft

Building Information

Year Built1965
Stories1
Roof Type105

Land Information

APN3965-00-000-0020-901
Lot Number2
SubdivisionHartfiel S/D
Land UseResidential
Legal DescriptionHARTFIEL S/D, LOT 2, ACRES 0.8082
Census Tract675501
Assessed Land Value$128,981
Assessed Improvement Value$88,131
Assessment Year2026

About this property

This property is valued for the land. The house is livable but needs a total remodel. Highest and best use would be commercial. The street in front of this house was just redone to include four lanes separated by a median. Most of the properties in the area are turning commercial. This property has a well and Aerobic Septic. The roof is 7 years old, the septic was installed in 2021. You will notice there is a fenced in area behind the house. This fence was installed years ago and is not divided between the neighbor to the North. It could easily be divided with a short fence if needed. This property is prime for commercial.

Investor Tools

$0Estimated Mortgage Balance
$344,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$326,553
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,064 /month
Positive
Cash Flow Estimate:
$688 /month

Interested in this property?

Diana Power

Texas Power Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$188/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$539
$217,112
2026
$128,981
$88,131
$217,112
No

Tax History

Year
Tax Paid
Assessed Value
2025
$539
$217,112

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Raymond Hartfiel Etux
Seller Carryback / Seller Financing / Seller Take-Back
$2,700
No
First
Jul 22, 1974
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$344,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
N/A
+$1,780/mo
6.2%

City: Richmond