Affordable Homes For Sale in Richmond TX 77406 

Perhaps you are a first-time home buyer, or working with a limited budget, and have a special interest in finding an affordable home. Or possibly you are a renter fed up with rising rents who wants to investigate the many benefits of owning your own home. You may even be an investor looking for a property that offers good financial returns. All of those in the above categories will find much to consider by browsing the affordable Richmond TX 77406 homes for sale listed below.  

However, you should be aware that this is very active portion of the Richmond TX 77406 real estate market. There is a lot of competition from other buyers and inventory is limited. Consequently, prices have been rising in response to high demand.  

If you are interested how the affordable home market has been performing in Richmond TX 77406, we publish market reports regularly. If you'd like to see the latest such report, it can be found at the bottom of this page.  

If you are considering buying one of these affordable Richmond TX 77406 homes for sale, don't be discouraged by the market - it is still possible to find the right fit for your needs. But you will have to plan ahead, have your financing in place and be willing to make a quick offer when the right opportunity comes up.  

Because the inventory of affordable Richmond TX 77406 homes for sale is always changing, searching for the right home can be a challenge. You may check this website frequently, but there is a better way: Let us set up an on-going search especially for you, with your own customized web site - you'll be notified whenever new listings are posted, and you'll be able to react quickly when the right home becomes available.  

We're here to help you put what you need in place for a successful affordable home search. In addition to assisting in your search, we can recommend a great lender, and be there as you work through the entire process. When you see a home that interests you, give us a call or text us at 832-449-6061 – we’d be delighted to set up a showing for you quickly and at your convenience.  

  

Click Here to view a list of the homes currently available for sale. To see the complete list, click on "View All Results" at the bottom of the showcase of all Subdivisions within Richmond Texas 77406.  

 

NEW! Neighborhoods / Subdivisions / Communities in Richmond Texas 77406 

 

Candela 

Builders in Candela: 

Coventry Homes 

Perry Homes 

Westin Homes 

  

Deer Run Meadows 

Builders in Deer Run Meadows:  

KB Homes 

Harvest Green 

Builders in Harvest Green: 

David Weekley Homes 

Highland Homes 

Identity Homes  

Lennar Homes 

Perry Homes 

Mandola Farms 

Builders in Mandola Farms:  

Meritage Homes 

  

McCrary Meadows 

Builders in McCrary Meadows:  

Devon Street  

Lennar 

Westin Homes  

 

Stonecreek Estates 

Builders in Stonecreek Estates: 

David Weekley Homes 

Perry Homes 

Westin Homes

Talavera 

Builders in Talavera: 

Pulte Homes 

 

Popular Neighborhoods / Subdivisions / Communities in Richmond Texas 77406 

 

 

 Bella Vista

 Briscoe Falls

 

 

 Brynmawr Lake 

 

 

 Canyon Gate At Westheimer Lakes 

 

 

 Canyon Lakes At Westheimer Lakes 

 

 

 Canyon Springs At Westheimer Lakes 

 

 

 Canyon Village At Westheimer Lakes 

 

 

 Colony West 

 

 

 Covey Trails 

 

 

 Creekside Ranch 

 

 

 Crystal Lake Estates 

 

 

 Estates Of Brazoswood 

 

 

 Foster Creek Estates 

 

 

 Foster Crossing 

 

 

 Glenwood 

 

 

 Goldenrod Estates 

 

 

 Grand River 

 

 

 Harvest Green 

 

 

 Horseshoe Ridge At Westheimer 

 

 

 Hunterwood 

 

 

 Huntington Oaks 

  

 Lakes Of Bella Terra 

 

 

 Lakes Of Mission Grove 

 

 

 Pecan Creek 

 

 

 Pecan Grove Plantation 

 

 

 Pecan Lake 

 

 

 Pecan Lakes 

 

 

 Plantation Place 

 

 

 Richland Park 

 

 

 Rio Vista 

 

 

 River Forest 

 

 

 Rivers Edge 

 

 

 Rolling Creek 

 

 

 Rolling Oaks 

 

 

 Shadow Grove Estates 

 

 

 Texana Plantation 

 

 

 The Greens At Pecan Grove 

 

 

 The Grove 

 

 

 Waterside Estates 

 

 

 Westcreek 

 

 

 Whispering Oaks 

 

 

 Woods Edge 

 

  

View All Results  

 

More Places to Store Odds and Ends

Having enough storage space is a struggle that many homeowners face. Even when you have plenty of closets and cabinets, there are often additional odds and ends that don’t really seem to belong anywhere. The resulting clutter can be frustrating, and often results in things like unorganized junk drawers or a desk that becomes something of a cluttered catch-all for things that don’t have anywhere else to go in the house.

There are ways to get around some of this clutter, though. You’re likely already familiar with some spaces where you can store some of your odds and ends, but there may be options that you haven’t considered yet. Here are a few more areas that you might consider to help declutter your home and find a place for everything.

Under, Over, and Behind

When you look in your cabinets or closets and see the clutter there, you might actually be missing one possible solution to your problem. There’s usually some empty space around the clutter that you can take advantage of with relatively little effort, provided you recognize it for what it is. Instead of focusing on what’s on the shelves or in your existing storage areas, start looking under, over, and behind those areas. Options include:

• Hang a shoe holder on the back of a closet door and place various small items into its pockets to better organize the space
• Install under-cabinet hardware to mount can openers, paper towels, sliding drawers, or even things like your microwave to free up counter space
• Place hooks on the backs of cabinet doors or on cabinet walls to hold measuring cups or other small items, organizing them for easy access
• Add shelves or an over-the-toilet organizer to your bathroom to hold towels, soaps, makeup, and other items that might otherwise sit around your sink or crowd your bath area
• Install hooks near entrances, in bathrooms, in the laundry room, and in other locations where you might need to hang up coats, towels, or other items

There are a lot of other options available as well, and you can find a wide range of racks, storage solutions, and modular shelving kits that will help you to take advantage of this otherwise unused space.

Making More Storage

If you need a bit more storage than a shoe rack or a bin can provide, there are a few slightly larger projects that can give you a lot more space for your odds and ends. While some of these require a bit of construction, others focus on replacing some furniture pieces to make them more functional. Just a few of these projects include:

• Make better use of the space under beds by adding bed frames with built-in drawers that slide out for easy access
• Install a shelving system in your attic or garage and use it to hold storage bins, organizing the contents of each bin and labeling them for easy reference
• Add a small set of shelves to your broom closet, laundry room, or other out-of-the-way area, cutting out an area between studs so that you can add recessed shelving if necessary
• Replace ottomans, nightstands, coffee tables, or other furniture pieces that are purely decorative and opt for versions that contain more storage

Depending on the layout of your home, there may be other options available to you as well. If you do a lot outdoors, you might also consider adding a shed or other outdoor storage solution to get the items you regularly use out of the house and where you actually need them.

Bring In Some Help

Organization can be tricky, so don’t be afraid to bring in a pro to help. Professional declutterers, interior decorators, handymen, and more can help you find places to put all your odds and ends or make suggestions on the best places in your home to add more storage.

 Is a 20% Down Payment Really Necessary To Purchase a Home?

There's a common misconception that, as a homebuyer, you need to come up with 20% of the total sale price for your down payment. In fact, a recent survey by Lending Tree asks what is keeping consumers from purchasing a home. For over half of those surveyed, the ability to afford a down payment is the biggest hurdle.

That may be because those individuals assume a 20% down payment is necessary. While putting more money down if you're able can benefit buyers, putting 20% down is not mandatory. As Freddie Mac puts it:

The most damaging down payment myth since it stops the homebuying process before it can start is the belief that 20% is necessary.

If saving that much money sounds overwhelming, you might be ready to give up on the dream of homeownership before you even begin but you don't have to. According to the Profile of Home Buyers and Sellers from the National Association of Realtors (NAR), the median down payment hasn't been over 20% since 2005. It may sound surprising, but todays average down payment is only 12%. That number is even lower for first-time homebuyers, whose average down payment is only 7%.

Based on the Home Buyers and Sellers Generational Trends Report from NAR, the graph below shows an even closer look at the down payment percentage various age groups pay:As the graph shows, the only groups who put 20% or more down on average are older homebuyers who likely can use the sale of an existing home to fuel a larger down payment on their next home.

What does this mean for you?

If you're a prospective homebuyer, its important to know you don't have to put the full 20% down. And while saving for any down payment amount may feel like a challenge, keep in mind there are programs for qualified buyers that allow them to purchase a home with a down payment as low as 3.5%. There are also options like VA loans and USDA loans with no down payment requirements for qualified applicants.

To understand your options, you do need to do your homework. If you're interested in learning more about down payment assistance programs, information is available through sites like downpaymentresource.com. Be sure to also work with a real estate advisor from the start to learn what you may qualify for in the homebuying process.

Bottom Line

Don't let the myth of the 20% down payment halt your homebuying process before it begins. If you want to purchase a home this year, lets connect to start the conversation and explore your options.

Two Reasons Why Waiting a Year To Buy Could Cost You

If you're a renter with a desire to become a homeowner, or a homeowner whos decided your current house no longer fits your needs, you may be hoping that waiting a year might mean better market conditions to purchase a home.

To determine if you should buy now or wait, you need to ask yourself two simple questions:

1. What will home prices be like in 2022?
2. Where will mortgage rates be by the end of 2022?

Lets shed some light on the answers to both of these questions.

What will home prices be like in 2022?

Three major housing industry entities project continued home price appreciation for 2022. Here are their forecasts:

• Freddie Mac: 5.3%
• Fannie Mae: 5.1%
• Mortgage Bankers Association: 8.4%

Using the average of the three projections (6.27%), a home that sells for 350,000 today would be valued at 371,945 by the end of next year. That means, if you delay, it could cost you more. As a prospective buyer, you could pay an additional 21,945 if you wait.

Where will mortgage rates be by the end of 2022?

Today, the 30-year fixed mortgage rate is hovering near historic lows. However, most experts believe rates will rise as the economy continues to recover. Here are the forecasts for the fourth quarter of 2022 by the three major entities mentioned above:

• Freddie Mac: 3.8%
• Fannie Mae: 3.2%
• Mortgage Bankers Association: 4.2%

That averages out to 3.7% if you include all three forecasts, and its nearly a full percentage point higher than todays rates. Any increase in mortgage rates will increase your cost.

What does it mean for you if both home values and mortgage rates rise?

You'll pay more in mortgage payments each month if both variables increase. Lets assume you purchase a 350,000 home this year with a 30-year fixed-rate loan at 2.86% after making a 10% down payment. According to the mortgage calculator from Smart Asset, your monthly mortgage payment (including principal and interest payments, and estimated home insurance, taxes in your area, and other fees) would be approximately 1,899.

That same home could cost 371,945 by the end of 2022, and the mortgage rate could be 3.7% (based on the industry forecasts mentioned above). Your monthly mortgage payment, after putting down 10%, would increase to 2,166.

The difference in your monthly mortgage payment would be 267. That's 3,204 more per year and 96,120 over the life of the loan.

If you consider that purchasing now will also let you take advantage of the equity you'll build up over the next calendar year, which is approximately 22,000 for a house with a similar value, then the total net worth increase you could gain from buying this year is over 118,000.

Bottom Line

When asking if you should buy a home, you probably think of the non-financial benefits of owning a home as a driving motivator. When asking when to buy, the financial benefits make it clear that doing so now is much more advantageous than waiting until next year.

 Why Its Still Safe To Sell Your Home

If you're on the fence about whether or not you want to sell your house this year, there's good news. Real estate professionals are highly experienced in how to sell houses safely during the pandemic. Over the last year, agents have adopted new technologies and safety measures designed to keep you safe. And experts say these practices are here to stay. As Bob Goldberg, CEO of the National Association of Realtors (NAR), puts it:

The pandemic has confirmed to all of us in the industry that technology will continue to transform real estate.

Below is a closer look at some of the new tools real estate professionals are using to better serve sellers.

New and Existing Technology Are Impacting the Process

In the 2021 Realtor Technology Survey, NAR asks real estate professionals their opinions on the most valuable pieces of technology for their business over the past 12 months. The graph below highlights the top five tools those agents said are true game-changers:Tools that allow agents to serve clients at a distance and limit exposure to others, including eSignature, lockboxes, and video conferencing, became increasingly important during the last year. Those same tools are just as essential today. Restricting the number of people a seller must interact with during the process is the best way to keep all parties involved in a sale safe.

Trusted Advisors Stay Up to Date on Guidelines for In-Person Showings

As things change in our day-to-day lives, the guidance on how to stay safe changes as well. NAR regularly updates the resources available to real estate professionals to ensure the latest recommendations and best practices are readily available. This includes suggestions on how to continue to conduct safe in-person showings.

Agents also follow guidance from the Centers for Disease Control (CDC) to make sure homes are safe. The CDCs advice includes information on how to clean high-touch surfaces like doorknobs, tables, and countertops so they're disinfected for all.

This past year changed the way agents do things for the better. Real estate professionals use new technology, tools, cleaning procedures, and the latest guidance to meet your changing needs. The goal is to keep you safe and build your confidence throughout the sales process.

Bottom Line

Its important to know that your safety is still a top priority when it comes to selling this year. Lets connect today so you can have the best tools available to help you take advantage of todays sellers market.

 

Choosing New Shingles

Modern shingles have been in use on homes for over 100 years, and it’s no wonder that they have become more or less a default for roofing choices. Shingles tend to be more budget-friendly than some other options such as metal roofing and tile, and they’re also available in a wide range of colors and styles. The main downside to shingles is that they can suffer wear over time or be damaged during inclement weather, necessitating repairs and occasional replacements. While you might not have to replace your shingles right away, the longer you put off these needed repairs then the more likely it is that your roof will develop some problems.

When the time comes to install a new shingle roof, you may find yourself facing kind of a big decision as you consider your options. If you aren’t sure what type of shingles to get, you’re not alone; many homeowners struggle with this same decision. Here are a few things to consider to make the decision easier and to help you find the perfect shingles for your home.

Choosing the Right Look

Obviously, there are a lot of color options available when it comes to shingles. This isn’t the only way that shingle manufacturers can customize the look of shingles, however. Different shingles may feature different shapes, creating a unique look that sets your home apart from other properties in your area. Granule shading can also play a big part in the look of shingles, creating an intentional emphasis on the cuts and overlaps of the shingles to really play up their 3D look. Some shingles may take this even farther, creating an alternating design of light and dark shingles that really makes your roof pop.

Depending on your budget, other shingle options may appeal to you as well. Some shingles are highly reflective, giving them a sheen while also helping to reduce your heating and cooling costs. Shingle patterns may also alter between larger and smaller tabs, creating a patterned effect on your roof that will really catch the eye. Other options may be available as well, allowing you to create a look that few other homes will be able to replicate.

Types of Shingles Available

In addition to a wide range of looks, there are also different types of shingles that offer their own unique benefits. These shingles may offer increased algae and mildew resistance, increased stain resistance, and even increased flexibility to make them more resilient against things like hail and other harsh storms. Shingles designed for use in high-wind zones are also available, significantly decreasing the likelihood of shingle damage during wind storms.
Other types of shingles may be available as well, helping you to both achieve a desired level of roof protection and creating some unique aesthetics. You can even choose from a few types of wooden shingles to complement your home’s aesthetic or so-called “solar shingles” that are made up of interlocking solar panels which provide roof coverage instead of a standard shingle roof. Depending on your unique needs, there may be other types of shingles available to you as well.

Getting Some Help

While installing shingles can be a DIY project, many homeowners choose to call in a pro to make sure that the shingles are installed correctly. If you’re considering bringing in a roofer anyway, feel free to ask for their recommendations if you’re unsure of what type of shingles you want or which shingle features would best benefit your home. These pros have plenty of experience and can help you find the shingles that are the best fit for your home.

 

Considering Seamless Gutters?

Gutters play a very important role on your home, and it’s one that not everyone realizes. Sure, they divert water so that you’re not flooded with runoff every time it rains, but that isn’t what makes them so important. Because gutters divert rainwater as it flows down the roof, they also help to prevent that water from seeping into the eaves and causing leaks or other damage. A good set of gutters can improve the life of your roof and home exterior while also adding to the look of your home and keeping the worst of the runoff at bay.

One problem with gutters is that they can start to wear out over time. This is especially evident around gutter seams, where rust, debris, and just the weight of water over time can cause damage. This damage can result in leaks, letting water get out of the gutter right at the roofline and potentially causing the very sort of damage that the gutters are supposed to prevent. This is big part of the reason that so many homeowners are turning to seamless gutters; if there aren’t any seams, then the seams can’t leak.

Understanding Gutter Seams

Gutter seams aren’t inherently a bad thing; by producing gutter in sections and joining them at seams, installers can better fit the gutter to the unique size and shape of your home while still preparing gutter sections beforehand. Most gutter seams aren’t overly obvious, so it seems like an understandable concession to make in order to get the best fit for premanufactured gutters.

The problem with gutter seams is that gutters end up being under a lot of stress throughout the year. Water is heavy, leaves and other debris can get wedged in seams, and pods or seeds can actually end up in backed-up gutters and start putting down roots. This stress adds up over time, and the seams become one of the most likely points of damage aside from mounting points. Gutter screens and regular cleaning can help, but this won’t eliminate gutter stress entirely.

How Seamless Gutters Work

Unlike traditional gutters that are made as smaller pieces and then assembled to match the sides of your home, seamless gutters are custom-built to match your home exactly. Roll-forming machines are brought to the jobsite and are fed sheet metal from a coiled roll, bending the metal to the exact shape of the gutters until the seamless gutter section matches the length of one of your roof sections. This single piece of gutter is capped on the ends and has supports attached as it comes out of the machine, ensuring that the final gutter section is a single piece of strong and structurally-sound gutter. It can then be mounted to your home with no seams that could rust or otherwise become damaged.

Installers take precise measurements to make sure that gutter sections match your home exactly, and mark the location of downspouts and supports precisely to make sure that everything is right where it needs to be for the most efficient gutter you can have on your home. The gutters are sealed and mounted securely to help ensure the longest possible life without leaks, though they will still need periodic cleaning and maintenance to make sure that they remain in good working condition. With that said, the lack of seams for leaves and other debris to snag on results in some seamless gutters clogging less often than their seamed counterparts.

Considering Going Seamless?

While seamless gutters may be more expensive due to the custom manufacturing involved, a lot of gutter installers are trending toward largely seamless installs. There are advantages to going seamless, and if you’re in need of new gutters it could be a great choice to make for your home.