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$122,567

10811 Richmond Ave Apt 50, Houston, TX, 77042

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,068 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringCarpet, Laminate

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1980
Stories2

Land Information

APN1147950050005
SubdivisionWestchase Gardens Condo Ph 1
Land UseResidential
Legal DescriptionTH 50 BLDG E .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

Large two bedroom/two bathroom condo perfectly located with quick access to Beltway 8, Westpark Tollway, shopping centers and dining areas. The condo comes with a fireplace, and a spacious dining area. The kitchen includes a refrigerator and pantry for all of your cooking needs. A washer and dryer is included inside the unit, eliminating the need to walk to a laundry facility. Both bedrooms have carpet, large closets, and abundant natural light from large windows. The master bedroom has its own private en suite. The complex has a large pool and tennis courts for fun and relaxation. MOVE-IN Ready! Water, sewer, trash and 1 assigned covered parking space is included in your rent. Schedule your showing today to see this lovely condo!

Investor Tools

Property Icon
$122,567
Estimated Property Value
$0Estimated Mortgage Balance
$122,567Estimated Equity
100% 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

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
No HOA
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

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$124,000
100%
0%
$0/mo

Rental Potential

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

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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10811 Richmond Ave Apt 50 | Property Details | No Agent List