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$205,000

221 Rochelle, Richmond, TX, 77469

On MarketInfo
Beds3 Beds
Baths1 Bath
Baths873 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$234.82 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available

Exterior

Lot Size4,250 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces1

Land Information

APN5575-00-002-0290-901
Lot Number29
SubdivisionSam Mellon Addn
Land UseResidential
Legal DescriptionSAM MELLON ADDN, BLOCK 2, LOT 29
Census Tract674900
Assessed Land Value$37,188
Assessed Improvement Value$73,730
Assessment Year2025

About this property

Charming remodeled 3 bedroom home in a quiet neighborhood. Large fully fenced yard. Recently renovated & up to code. Fresh paint, floors, bathroom & kitchen remodeled. Pex plumbing & electrical upgrades. Roof is in great shape. Slab foundation. Double Pane windows installed 2026. Perfect opportunity for a rental property or first time home buyer!

Investor Tools

$106,726Estimated Mortgage Balance
$96,274Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

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Heide Cantu

Walzel Properties - Corporate Office

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$288/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,439
$110,918
2025
$37,188
$73,730
$110,918
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,439
$110,918

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Civic Financial Services Llc
Commercial
$116,000
No
First
Mar 1, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$106,726
$96,274
47%
53%
$696/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,350/mo
$696/mo
+$654/mo
8.0%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Richmond

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221 Rochelle | Property Details | No Agent List