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$635,000

8902 Marshall Island St, Richmond, TX, 77469

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,156 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.2 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringEngineered Wood, Tile

Exterior

Exterior FeaturesSide Yard
Lot Size18,758 sqft

Building Information

Year Built2014
Roof Type105
Garage Spaces2

Land Information

APN7935-02-006-0200-901
Lot Number20
SubdivisionRoyal Lakes Estates Sec 2
Land UseResidential
Legal DescriptionROYAL LAKES ESTATES SEC 2, BLOCK 6, LOT 20
Census Tract675503
Assessed Land Value$134,059
Assessed Improvement Value$469,641
Assessment Year2026

About this property

An exceptional lakefront setting in Royal Lakes Estates! Privately positioned on an expansive .43-acre cul-de-sac lot, this elegant one-story custom home combines timeless architecture, gracious interiors and captivating water views. A welcoming entry introduces soaring ceilings, graceful arches, crown molding and beautiful wood floors. Walls of windows fill the spacious living areas with natural light while framing views of the picturesque grounds. The beautiful kitchen features granite counters, gas cooking, a generous island, walk-in pantry and butler's pantry. Designed for both entertaining and everyday comfort, the thoughtful floor plan offers 4 bedrooms, 3 baths, formal dining and a private study with 3 car garage. The secluded primary suite provides a relaxing retreat with a soaking tub, separate shower and dual vanities. Great secondary bedrooms! Outdoors, a covered patio overlooks the sprawling lawn and tranquil lake, relax or entertain! What a great place to call home!

Investor Tools

$52,507Estimated Mortgage Balance
$582,493Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,810 /month
Positive
Cash Flow Estimate:
$1,270 /month

Interested in this property?

Gretchen Barrilleaux

Coldwell Banker Realty - Memorial Office

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$525/month
$1,492/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,130
$603,700
2026
$134,059
$469,641
$603,700
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,130
$603,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hancock Whitney Bank
Conventional
$294,089
No
First
Nov 25, 2013
Dec 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$52,507
$582,493
91%
8%
$2,020/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,940/mo
$3,512/mo
$-572/mo
5.6%

City: Richmond

8902 Marshall Island St | Property Details | No Agent List