




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Richmond at 215 Briar Trace Ln, Richmond, TX, 77406 uses $92,986 cash to close to unlock $8,391/yr annual cash flow and $699/mo monthly cash flow. Total monthly income runs $2,752/mo, and a $1,373/mo payment keeps the spread at $699/mo. Purchase price stands at $280,500, and rental yield measures 11.77% with $2,752/mo rent. Return on cash invested shows 28.93% in year one, and 5% annual appreciation builds toward $77,497 over five years. Five-year ROI reaches 152.74% and total cumulative return in cash records $142,030. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,752/mo property income covering a $1,373/mo payment rather than investor’s personal income.
Single Family
Built in 2005
6,325 sqft lot
$N/A/sqft
$58 monthly HOA
Neighborhood data shown for ZIP Code: 77406, Richmond, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 26,399 (100%) |
| Owner Occupied HU | 20,904 (79.2%) |
| Renter Occupied HU | 3,892 (14.7%) |
| Vacant Housing Units | 1,603 ( 6.1%) |
| Median Home Value | $456,400 |
| Average Home Value | $519,922 |
Residential
23,639
Single Family
21,386
Multi-Family
2,253
Businesses
1,062
Date | Event | Price |
|---|---|---|
| 2025-09-19 | Listing removed | $285,000 |
| 2025-09-15 | Price change | $285,000 |
| 2025-08-13 | Listed for sale | $300,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-17 | $3303.30 | 12.37% | $299,778 | 10.00% |
| 2023-10-17 | $2939.55 | -15.40% | $272,525 | 10.00% |
| 2022-10-17 | $3474.54 | 5.20% | $247,750 | 10.00% |



Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A