$1,400
10811 Richmond Ave Apt 56, Houston, TX, 77042
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesConvection Oven, Microwave, Electric Cooktop, Dryer, Refrigerator, Washer/Dryer Stacked, Dishwasher
Building Information
Year Built1980
Stories2
Garage Spaces2
Land Information
APN1147950050011
SubdivisionWestchase Gardens Condo Ph 1
Land UseResidential
Legal DescriptionTH 56 BLDG E .01193 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
Welcome to your new home. A beautiful two bedroom condo in the sought after Richmond/Westheimer westchase area. Well kept pools and tennis courts in the gated property. Will go fast.
Investor Tools
$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
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
$123,000
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%
