Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$1,997,000

1223 Richelieu Lane, Houston, TX, 77018

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths7 Bath
Baths4,660 Sq Ft
price_per_sqft$428.54 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Water Heater, Disposal, Refrigerator Included, Wine Refrigerator, Gas Oven, Microwave, Gas Cooktop, Gas Range, Dishwasher
FlooringEngineered Wood, Tile

Exterior

Exterior FeaturesOutdoor Kitchen, Sprinkler System
Lot Size7,322 sqft

Building Information

Year Built1950
Stories1
Garage Spaces2

Land Information

APN0731000160024
Lot Number24
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 24 BLK 33 OAK FOREST SEC 3
Census Tract531700
Assessed Land Value$479,160
Assessed Improvement Value$100
Assessment Year2025

About this property

Stunning 5/6 bed, 6 bath, Game Room, Formal Dining, In-Law Guest Suite/Home Gym, TRUE Chef Kitchen, Wine Grotto, Butler Pantry, MASSIVE Master Retreat with fireplace, sitting area, and Coffee/Wine Bar. Outdoor Kitchen, Oversized Garage with additional workshop bay, and a Pool Bath. This beautiful home has 12' ceilings and hardwood floors throughout. Upgraded features include, Whole-home Dehumidification, Tankless Water Heaters, Upgraded Foam Insulation, Solid Wood Cabinetry, 48inch Stove and 48inch Fridge, custom trim work and built-ins, designer plumbing fixtures, walls of windows. Master Retreat offers private coffee/wine bar, huge walk-in closet, oversized shower, soaking tub, his and her vanities. Oversized secondary bedrooms all w/private bath! Formal Study w/attached full bath optional 5th bed down for guest. Mudroom entry off garage. 3rd bay wkshop in garage can convert to full Guest Suite. Alarm security cameras, wired surround sound inside and out. Smart Home Ready!

Investor Tools

$1,322,499Estimated Mortgage Balance
$500,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,982 /month
Positive
Cash Flow Estimate:
$3,994 /month

Interested in this property?

Mark Maniha

Mark Maniha Real Estate

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$467/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,099
$479,260
2025
$479,160
$100
$479,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,099
$479,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Simmons Bank
Building Or Construction Loan
$1,340,110
No
First
Sep 15, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,322,499
N/A
0%
264%
$8,035/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$8,035/mo
$-6,313/mo
4.1%

City: Houston

1223 Richelieu Lane | Property Details | No Agent List