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$85,000

9809 Richmond Avenue #7, Houston, TX, 77042

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,029 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$82.6 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dryer, Refrigerator, Washer, Dishwasher

Exterior

Lot Size5.31 acres

Building Information

Year Built1977
Stories1
Garage Spaces1

Land Information

APN1141960050012
SubdivisionElm Grove Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 12 BLDG F .007590 INT COMMON LAND & ELE ELM GROVE CONDO PH 2
Census Tract432401
Assessed Land Value$21,308
Assessed Improvement Value$90,840
Assessment Year2025

About this property

Welcome to your urban oasis in the heart of Westchase! This stunning second-floor, 1-bedroom condo combines low-maintenance living with unbeatable city convenience. Stepping inside, you are greeted by an open-concept living space that flows seamlessly into a private, tree-lined balcony—perfect for your morning coffee or evening wind-down. The bedroom features a generous walk-in closet, providing plenty of storage space. Located in a secure, gated community, residents enjoy access to beautifully maintained grounds and a sparkling neighborhood pool. HOA fees cover water, sewer, trash, and exterior maintenance, offering a truly lock-and-leave lifestyle. Best of all, you are just seconds from Beltway 8 and the Westpark Tollway, putting Houston’s premier dining, shopping, and entertainment right at your doorstep. Whether you are looking for a savvy investment property or a place to call home, this Westchase gem is a must-see!

Investor Tools

$82,590Estimated Mortgage Balance
$29,558Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$673 /month
Positive
Cash Flow Estimate:
$224 /month

Interested in this property?

Curtis Swaringam

JPAR Houston

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$172/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,509
$112,148
2025
$21,308
$90,840
$112,148
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,509
$112,148

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Newrez Llc
Conventional
$91,850
No
First
Jul 6, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,590
$29,558
26%
74%
$551/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,590/mo
$1,101/mo
+$489/mo
17.0%

City: Houston

9809 Richmond Avenue #7 | Property Details | No Agent List