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$118,500

10811 Richmond Ave Apt 22, Houston, TX, 77042

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,068 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$110.96 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dryer, Washer/Dryer Stacked, Washer, Dishwasher

Exterior

Lot Size9,705 sqft

Building Information

Year Built1980
Stories2

Land Information

APN1147950020008
SubdivisionWestchase Gardens Condo Ph 1
Land UseResidential
Legal DescriptionTH 22 BLDG B .01197 INT COMMON LAND & ELE WESTCHASE GARDENS CONDO PH 1
Census Tract452202
Assessed Land Value$23,288
Assessed Improvement Value$99,279
Assessment Year2025

About this property

All new paint!!! brand new AC system! Beautiful ...2 story loft styled condo with bamboo floors, fireplace, kitchen has granite counter tops and all appliances stay!!! Quiet, resort style GATED complex with a community pools, tennis courts and dog area. Close to shopping and walking trails. Minutes to Energy Corridor, town and country, Galleria mall, China town. HOA pay water, sewer and exterior maintenance.Come see it!

Investor Tools

$31,772Estimated Mortgage Balance
$90,795Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$735 /month
Positive
Cash Flow Estimate:
$245 /month

Interested in this property?

Raul Diaz

MetroPlus Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
$357/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,527
$122,567
2025
$23,288
$99,279
$122,567
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,527
$122,567

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Purchase Money Mortgage
$62,400
No
First
Aug 23, 2007
Sep 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$31,772
$90,795
74%
26%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$357/mo
+$1,073/mo
14.0%

Learn About the Market: Opportunity in Houston

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Explore

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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