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Owner Contacts

$278,903

1923 Richvale Ln, Houston, TX, 77062

Off Market

3 Beds

2 Bath

1,693 Sq Ft

Single Family Residence

$165.33 / sqft

Built in 1964

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

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

$278,903

Estimated Property Value

$269,037Estimated Mortgage Balance

$16,634Estimated Equity

4% 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

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

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%

Learn About the Market: Opportunity in Houston

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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.

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