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
View AllArrow
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
View AllArrow
Auction List
Auction List
  • Real estate scheduled for county or online auction
View AllArrow
Deals List
Deals List
  • Discounted properties priced below market value
View AllArrow
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
View AllArrow
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS
View AllArrow

$982,029

NAL Estimated Property Value

1224 Richelieu Ln, Houston, TX, 77018

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,417 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.99 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Wood

Exterior

Lot Size7,322 sqft

Building Information

Year Built2016
Stories1
Garage Spaces2

Land Information

APN0731000170034
Lot Number34
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 34 BLK 34 OAK FOREST SEC 3
Census Tract531700
Assessed Land Value$479,160
Assessed Improvement Value$502,869
Assessment Year2025

About this property

Welcome to Oak Forest! Beautiful home zoned and walking distance to the highly desired Oak Forest Elementary School! This recently built home (2016), with its open living concept outfitted with luscious solid oak wood floors, is available for move in July 1st (great timing before school starts)! Minutes from T.C. Jester park, shopping, grocery stores, restaurants, and much much more. Conveniently located near 610 for easy commutes throughout town. Floor plan includes a large office space in addition to the bedrooms*

Investor Tools

Property Icon
$982,029
Estimated Property Value
$242,244Estimated Mortgage Balance
$739,785Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,892 /month
Positive
Cash Flow Estimate:
$1,964 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,147/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,852
$982,029
2025
$479,160
$502,869
$982,029
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,852
$982,029

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$305,000
No
First
Aug 19, 2016
Sep 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$242,244
$739,785
75%
25%
$1,829/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,829/mo
+$397/mo
2.7%

City: Houston

1224 Richelieu Ln | Property Details | No Agent List