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$874,000

NAL Estimated Property Value

1122 Richelieu Ln, Houston, TX, 77018

$895,033 ARVInfo
Recently SoldInfo
7/08/26
Beds4 Beds
Baths3 Bath
Baths2,998 Sq Ft
price_per_sqft$331.89 / sqft
Year BuiltBuilt in 1965

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
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Wine Refrigerator, Electric Oven, Oven, Microwave, Induction Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesSprinkler System
Lot Size10,123 sqft

Building Information

Year Built1965
Stories2
Garage Spaces2

Land Information

APN1010750000609
Lot Number609
SubdivisionShepherd Park Plaza
Land UseResidential
Legal DescriptionLT 609 BLK 22 SHEPHERD PARK PLAZA SEC 4
Census Tract530900
Assessed Land Value$363,500
Assessed Improvement Value$423,843
Assessment Year2025

About this property

Completely reimagined in 2023, this Shepherd Park Plaza showpiece was taken to the studs: all-new electrical, PEX plumbing, spray foam insulation, 17-SEER HVAC with new ductwork, & premium finishes throughout. The chef's kitchen dazzles with custom quarter-sawn white oak cabinetry, Black Diamond quartzite countertops, Fisher & Paykel induction cooktop, custom hardwood island, dry bar with Zephyr wine fridge, & spacious walk-in pantry. The vaulted primary suite features a freestanding soaking tub, oversized walk-in shower, & antique chandelier. Smart systems abound: 20kW whole-house generator, 48-amp EV charger, whole-house water filtration & conditioning, tankless water heater, & hardwired ethernet. Detached 3-car garage, powered driveway gate, 8-zone irrigation, gas-log fireplace, & outdoor kitchen stub-outs complete this one-of-a-kind offering in Shepherd Park Plaza. Meticulously maintained & move-in ready! See attachments for full list of improvements.

Investor Tools

Property Icon
$874,000
Estimated Property Value
$487,999Estimated Mortgage Balance
$386,001Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$895,033
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,970 /month
Positive
Cash Flow Estimate:
$1,990 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,407/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,513
$787,343
2025
$363,500
$423,843
$787,343
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,513
$787,343

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Conventional
$520,000
No
First
Mar 1, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$487,999
$386,001
44%
56%
$3,118/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$3,118/mo
$-892/mo
3.1%

City: Houston

1122 Richelieu Ln | Property Details | No Agent List