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$278,903

NAL Estimated Property Value

1923 Richvale Ln, Houston, TX, 77062

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,693 Sq Ft
price_per_sqft$165.33 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range
FlooringTile, Vinyl

Exterior

Lot Size8,398 sqft

Building Information

Year Built1964
Stories1
Garage Spaces2

Land Information

APN0962860000126
Lot Number126
SubdivisionClear Lake City
Land UseResidential
Legal DescriptionLT 126 BLK 19 CLEAR LAKE CITY SEC 2
Census Tract340501
Assessed Land Value$56,700
Assessed Improvement Value$222,203
Assessment Year2025

About this property

Charming 3-Bedroom Home in Desirable Clear Lake Area! This beautifully updated 3-bedroom, 2-bathroom home in the heart of the highly sought-after Clear Lake community. Boasting a spacious 2-car garage, this property offers both comfort and convenience. Step inside to discover a thoughtfully designed layout featuring a modern kitchen with updated appliances, a cozy living area perfect for family gatherings, and a formal dining room ideal for entertaining guests. The primary bedroom includes an en-suite bathroom, providing a private retreat for relaxation. Enjoy easy access to a variety of dining and shopping options, beautiful trails, picnic areas, and water activities. Additionally, the home is conveniently located near major highways, making your commute a breeze. Don’t miss out on this incredible opportunity to own a piece of the Clear Lake lifestyle. Schedule your private tour today!

Investor Tools

Property Icon
$278,903
Estimated Property Value
$262,269Estimated Mortgage Balance
$16,634Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,679 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$355/month
$75/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,868
$278,903
2025
$56,700
$222,203
$278,903
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,868
$278,903

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Associated Cu Of Texas
Fha
$269,037
Yes
First
Dec 23, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,269
$16,634
5%
94%
$1,614/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,689/mo
+$33/mo
7.4%

City: Houston

1923 Richvale Ln | Property Details | No Agent List