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$1,450,000

NAL Estimated Property Value

1236 Richelieu Ln, Houston, TX, 77018

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,117 Sq Ft
price_per_sqft$291.47 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringWood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size7,196 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APN0731000170037
SubdivisionOak Forest
Land UseResidential
Legal DescriptionTR 37A BLK 34 OAK FOREST SEC 3
Census Tract531700
Assessed Land Value$475,068
Assessed Improvement Value$820,271
Assessment Year2025

About this property

Another fabulous new construction by Ranier Custom Homes zoned to Oak Forest Elementary!! No detail is overlooked! Unique 5 bedroom 4 1/2 bathroom design with guest suite down. Large master retreat up with huge bathroom and closet along with 3 additional bedrooms and a game room.

Investor Tools

Property Icon
$1,450,000
Estimated Property Value
$789,592Estimated Mortgage Balance
$660,408Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,700 /month
Positive
Cash Flow Estimate:
$2,900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,408/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$21,645
$1,295,339
2025
$475,068
$820,271
$1,295,339
No

Tax History

Year
Tax Paid
Assessed Value
2024
$21,645
$1,295,339

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$888,750
No
First
Aug 7, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$789,592
$688,408
46%
54%
$5,329/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$5,329/mo
$-3,103/mo
1.8%

Learn About the Market: Opportunity in Houston

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Explore

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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1236 Richelieu Ln | Property Details | No Agent List