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$749,000

NAL Estimated Property Value

1013 Richelieu Ln, Houston, TX, 77018

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,375 Sq Ft
price_per_sqft$244.21 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringTile, Wood

Exterior

Lot Size8,751 sqft

Building Information

Year Built1972
Stories2
Garage Spaces2

Land Information

APN1010710000744
Lot Number744
SubdivisionShepherd Park Plaza
Land UseResidential
Legal DescriptionLT 744 BLK 18 SHEPHERD PARK PLAZA SEC 4
Census Tract530900
Assessed Land Value$336,000
Assessed Improvement Value$321,188
Assessment Year2025

About this property

Welcome home to this beautifully updated home in Shepherd Park Plaza that is steps from Shepherd Park. This home features a NEW roof! The generous primary bedroom is located on the first floor with walk-in closet. The primary bathroom has been updated with a large walk-in shower with glass surround. There is no carpet in this property. Dual formals with a warm inviting den featuring built-ins and a fireplace. The kitchen has dual ovens and built-in trash drawer. The second floor has tons of storage. Each bedroom has plenty of closet space and there is also a closet in the updated secondary bathroom. Low-E windows throughout. Water pipes were converted to PEX. Tucked behind the home and an automatic driveway gate is a completely detached 3 CAR GARAGE. Look behind the garage for a nice storage space for yard tools, bicycles, and toys. The back yard is very private. No adjacent two-story homes. Non through street with minimal traffic. Per seller home is at the high point of the street.

Investor Tools

Property Icon
$749,000
Estimated Property Value
$409,216Estimated Mortgage Balance
$339,784Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,494 /month
Positive
Cash Flow Estimate:
$1,498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,194/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,578
$657,188
2025
$336,000
$321,188
$657,188
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,578
$657,188

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$456,000
No
First
Jan 20, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$409,216
$406,784
49%
55%
$2,734/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,734/mo
$-508/mo
3.6%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1013 Richelieu Ln | Property Details | No Agent List