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$2,000

1716 Richmond Ave, Houston, TX, 77098

On MarketInfo
LeaseInfo
Beds4 Beds
Baths2 Bath
Baths1,289 Sq Ft
DuplexDuplex
price_per_sqft$1.55 / sqft
Year BuiltBuilt in 1920

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Refrigerator, Washer, Dishwasher, Dryer
FlooringTile, Wood

Exterior

Exterior FeaturesOutdoor Kitchen
Lot Size6,251 sqft

Building Information

Year Built1920
Stories2
Garage Spaces2

Land Information

APN0522660000014
Lot Number14
SubdivisionLancaster Place Extn
Land UseResidential
Legal DescriptionLT 14 BLK 6 LANCASTER PLACE EXTN SEC 2
Census Tract410801
Assessed Land Value$750,000
Assessed Improvement Value$196,641
Assessment Year2025

About this property

In the heart of Montrose find this great duplex! This unit is on the second level. It comes fully furnished complete with the refrigerator, washer and dryer. Each unit is 1,289 square feet. This unit's parking is located in the back of the building where you will find a large, covered outdoor living space and a back entrance for the upstairs. Tenants may enter through the front of the duplex or use the back staircase. Tenants must have good credit, good rental history, and pass background checks. Furniture may be removed upon request.

Interested in this property?

Laura LoGiudice

RE/MAX GO

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,688/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,525
$946,641
2025
$750,000
$196,641
$946,641
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,525
$946,641

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Conventional
$340,000
No
First
Jun 14, 2017
Jul 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,142
$669,499
70%
29%
$2,039/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$2,039/mo
+$1,301/mo
4.2%

City: Houston