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$986,230

NAL Estimated Property Value

1642 Richelieu Ln, Houston, TX, 77018

Recently SoldInfo
8/28/26
Beds3 Beds
Baths3 Bath
Baths2,791 Sq Ft
price_per_sqft$340.38 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Microwave, Dishwasher
FlooringCarpet, Wood

Exterior

Exterior FeaturesSprinkler System
Lot Size7,061 sqft

Building Information

Year Built2011
Stories1
Garage Spaces2

Land Information

APN0731000500021
Lot Number21
SubdivisionOak Forest
Land UseResidential
Legal DescriptionLT 21 BLK 68 OAK FOREST SEC 8
Census Tract531700
Assessed Land Value$470,753
Assessed Improvement Value$515,477
Assessment Year2025

About this property

Nestled in the heart of Oak Forest and zoned to highly sought-after Oak Forest Elementary, 1642 Richelieu offers a refreshing alternative to the oversized luxury homes that dominate the neighborhood. This thoughtfully designed home delivers the quality, style, and modern amenities buyers expect - without the maintenance, utility costs, and upkeep that come with 5,000+ square feet. Enjoy an open-concept floor plan, contemporary finishes, and comfortable living spaces designed for today's lifestyle. Whether you're looking to simplify, right-size, or simply prefer a more efficient footprint, this home proves that luxury isn't defined by square footage. Located on one of Oak Forest's most desirable streets, you'll enjoy easy access to neighborhood parks, local restaurants, and one of Houston's most beloved elementary schools. A rare opportunity to enjoy newer construction in Oak Forest with all the benefits and none of the excess.

Investor Tools

Property Icon
$986,230
Estimated Property Value
$555,577Estimated Mortgage Balance
$431,831Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,917 /month
Positive
Cash Flow Estimate:
$1,972 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,611/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,398
$986,230
2025
$470,753
$515,477
$986,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,398
$986,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$634,500
No
First
Mar 2, 2020
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$555,577
$430,653
43%
56%
$3,805/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$3,805/mo
$-2,083/mo
2.1%

City: Houston

1642 Richelieu Ln | Property Details | No Agent List