Last 24 Hours
$325,000
951 Richvale Ln, Houston, TX, 77062
On Market
Just Added
3 Beds
2 Bath
1,876 Sq Ft
Single Family Residence
$173.24 / sqft
Built in 1967Property Lead Type:
Absentee Owner
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Central
CoolingAppliancesDisposal, Gas Oven, Gas Cooktop, Dishwasher
Exterior
Private PoolLot Size8,999 sqft
Building Information
Year Built1967
Stories1
Garage Spaces2
Land Information
APN0991640000018
Lot Number18
SubdivisionClear Lake City Core D
Land UseResidential
Legal DescriptionLT 18 BLK 6 CLEAR LAKE CITY CORE D SEC 1
Census Tract340701
Assessed Land Value$58,725
Assessed Improvement Value$211,284
Assessment Year2025
Investor Tools
$190,845Estimated Mortgage Balance
$90,155Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$311/month
$200/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,324
$270,009
2025
$58,725
$211,284
$270,009
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,324
$270,009
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Watermark Capital Inc
Conventional
$211,000
No
First
Oct 14, 2021
Nov 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,845
$90,155
32%
68%
$1,266/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,970/mo
$1,466/mo
+$504/mo
8.4%
12.4%