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$151,116

128 Riggs Rd, Houston, TX, 77022

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths778 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$237.79 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating

Exterior

Lot Size6,490 sqft

Building Information

Year Built1940
Stories1

Land Information

APN0431590030230
SubdivisionO P Kelton Survey A-493
Land UseResidential
Legal DescriptionTR 23A ABST 493 O P KELTON
Census Tract220500
Assessed Land Value$97,665
Assessed Improvement Value$53,451
Assessment Year2025

About this property

Investors welcome - Great location this home is located close to everything - walk down the block to the Metro, or catch 45 at the end of the block. Far enough from both to avoid the noise. This is a great one story with lots of potentials - I feel it is larger than the appraisal dist. has noted.

Investor Tools

Property Icon
$151,116
Estimated Property Value
$0Estimated Mortgage Balance
$151,116Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,110 /month
Positive
Cash Flow Estimate:
$370 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$319/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,067
$151,116
2025
$97,665
$53,451
$151,116
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,067
$151,116

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$151,116
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
13.7%

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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