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Days189Days on Market
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$1,300,000

12573 Richmond Ave, Houston, TX, 77082

On MarketInfo
Baths0 Bath
Baths8,930 Sq Ft
BusinessBusiness
Year BuiltBuilt in 2004

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
FlooringConcrete

Exterior

Lot Size1.02 acres

Building Information

Year Built2004

Land Information

APN1235130010001
Land UseCommercial
Legal DescriptionRES B BLK 1 ZUBINZARANZARIUS
Census Tract451902
Assessed Land Value$356,008
Assessed Improvement Value$1,136,108
Assessment Year2025

About this property

Oasis Car Wash Club at 12573 Richmond Ave, Houston, TX is a full service car wash in the Westchase Alief area of Houston. It sits in a busy corridor with strong retail, residential, and commercial activity. Nearby shopping, universities, attractions, and traffic data all point to a vibrant and growing market. Remodeled in 2024. Looking for an investor to partner with current owner to help with improvements and equipment. $1.45M to own up to 40 percent of the real estate and business or $625k to own 35 percent of the business only.

Investor Tools

$804,673Estimated Mortgage Balance
$692,542Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,953 /month
Positive
Cash Flow Estimate:
$2,984 /month

Interested in this property?

Melissa Croll

Attlee Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,858/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,832
$1,492,116
2025
$356,008
$1,136,108
$1,492,116
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,832
$1,492,116

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Houston Mister Clean Car Wash Lp
Seller Carryback / Seller Financing / Seller Take-Back
$1,630,000
No
First
Dec 22, 2006
Mar 2008

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$804,673
$687,443
46%
54%
$9,773/mo

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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12573 Richmond Ave | Property Details | No Agent List