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$262,039

NAL Estimated Property Value

1613 Paloma Ave, Richmond, TX, 77469

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,381 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$115.46 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringTile, Vinyl

Exterior

Lot Size4,752 sqft

Building Information

Year Built1966
Stories1
Roof Type105
Garage Spaces2

Land Information

APN1855-00-008-0030-901
Lot Number3
SubdivisionBrazos Terrace
Land UseResidential
Legal DescriptionBRAZOS TERRACE, BLOCK 8, LOT 3
Census Tract674900
Assessed Land Value$41,580
Assessed Improvement Value$220,459
Assessment Year2025

About this property

Stop the car! 1613 Paloma Avenue is the new show stopper in town! This is a one of a kind fully remodeled home in the heart of old Richmond. Not a single ticket item was missed during this rehab! This beauty has been completely remodeled, and brought up to code - including a brand new roof, new HVAC, PEX plumbing, granite countertops plus much much more! The rooms are SO big, there is plenty of space to convert to all your needs. All appliances are INCLUDED, making this the perfect move in ready home! This house is in like-new condition, just waiting for your final touches to make it yours! Also don’t forget to appreciate the huge DOUBLE lot & NO HOA !

Investor Tools

Property Icon
$262,039
Estimated Property Value
$261,706Estimated Mortgage Balance
$333Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,649 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$589/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,762
$262,039
2025
$41,580
$220,459
$262,039
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,762
$262,039

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Va
$265,590
Yes
First
Jul 29, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,706
$333
0%
100%
$1,593/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$1,593/mo
+$187/mo
8.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Richmond

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1613 Paloma Ave | Property Details | No Agent List