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$1,625,000

NAL Estimated Property Value

1247 Richelieu Ln, Houston, TX, 77018

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,287 Sq Ft
price_per_sqft$291.56 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
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 Size7,336 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APN0731000160018
Lot Number18
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 18 BLK 33 OAK FOREST SEC 3
Census Tract531700
Assessed Land Value$479,622
Assessed Improvement Value$1,026,028
Assessment Year2025

About this property

Another fabulous new construction by Ranier Custom Homes. Remarkable French Country design with all the amenities and charm. Huge open living, dining, breakfast area and kitchen make this a perfect home to entertain. This 4 bedroom home features an incredible master retreat rarely seen in homes of this size with a large walk-in shower and separate soaking tub. Double master closets that adjoin to make one incredible dressing area. All bedrooms are up along with a large game room and utility room. A true showplace one must see!

Investor Tools

Property Icon
$1,625,000
Estimated Property Value
$1,177,999Estimated Mortgage Balance
$447,001Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,750 /month
Positive
Cash Flow Estimate:
$3,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,243/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$30,794
$1,505,650
2025
$479,622
$1,026,028
$1,505,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$30,794
$1,505,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$1,244,444
No
First
Jun 30, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,177,999
$453,001
27%
72%
$7,462/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$7,462/mo
$-5,236/mo
1.6%

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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1247 Richelieu Ln | Property Details | No Agent List