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$1,638,000

NAL Estimated Property Value

1619 Richelieu Ln, Houston, TX, 77018

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths4,239 Sq Ft
price_per_sqft$399.86 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerMove-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
AppliancesDisposal, Convection Oven, Double Oven, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringWood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size7,802 sqft

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APN0731000490014
Lot Number14
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 14 BLK 67 OAK FOREST SEC 8
Census Tract531700
Assessed Land Value$495,000
Assessed Improvement Value$958,300
Assessment Year2025

About this property

Another incredible Oak Forest New Construction by Ranier Custom Homes with 5 bedrooms, first floor home office, upstairs game room, covered patio, and 3 car (tandem) garage! A grand 2-story entry welcomes you into this amazing home. The island kitchen features quartzite counters and backsplash, high-end appliances, glass front cabinets, walk-in pantry and is open to the living areas. Wood beams and shelving above the bricked fireplace make the family room very inviting. The staircase and metal railings overlook the entryway and lead into the game room between the primary and secondary bedrooms. Amazing primary suite offers a true retreat with its beautiful ceiling, wall of windows, bathroom with double vanities, freestanding tub, separate shower and spacious closet. Entertain outdoors under the large covered patio with summer kitchen. The backyard has room for a pool, pets and play.

Investor Tools

Property Icon
$1,638,000
Estimated Property Value
$1,237,229Estimated Mortgage Balance
$400,771Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,170 /month
Positive
Cash Flow Estimate:
$3,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,752/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$24,839
$1,453,300
2025
$495,000
$958,300
$1,453,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$24,839
$1,453,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hsbc Bank Usa
Conventional
$1,259,250
No
First
Dec 26, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,237,229
$400,771
24%
76%
$7,583/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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1619 Richelieu Ln | Property Details | No Agent List