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$1,100,000

1905 Dowling Drive, Richmond, TX, 77469

On MarketInfo
Just AddedInfo
Beds— Beds
Baths2 Bath
Baths3,995 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$275.34 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms —Bedrooms —
Bathrooms 2Bathrooms 2
HeatingHeating
CoolingCooling
AppliancesDisposal, Microwave

Exterior

Exterior FeaturesBalcony
Lot Size1.98 acres

Building Information

Year Built2008

Land Information

APN0055-00-000-0430-901
SubdivisionJane Long
Land UseCommercial
Legal Description0055 JANE LONG, ACRES 1.976, COMMERCIAL RESERVE 'A', CARLINO SUBDIVISION
Census Tract674702
Assessed Land Value$159,246
Assessed Improvement Value$560,754
Assessment Year2025

About this property

This commercial property is an exceptional opportunity to own a versatile venue perfect for a photography studio or creative business. This unique space features multiple interior rooms designed for staging a wide range of themes, along with an outdoor area ideal for seasonal setups including holidays, Valentine’s Day, Halloween, Mother’s Day, Father’s Day, and more. The property offers ample parking for clients and guests, making it both functional and accessible. Recently renovated and ADA compliant, it’s move-in ready for your next venture. A full working kitchen is also included, perfect for prep, catering, or hosting events. Whether you’re expanding your brand or launching a new concept, this property provides the flexibility and foundation to bring your vision to life.

Investor Tools

$395,878Estimated Mortgage Balance
$324,122Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,600 /month
Positive
Cash Flow Estimate:
$2,200 /month

Interested in this property?

John Nguyen

Keller Williams Memorial

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,619/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,832
$720,000
2025
$159,246
$560,754
$720,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$15,832
$720,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zb Na
Commercial
$436,000
No
First
Aug 2, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$395,878
$324,122
45%
55%
$2,615/mo

City: Richmond

1905 Dowling Drive | Property Details | No Agent List