$850,000
2230 Richmond Avenue, Houston, TX, 77098
On Market
Highlights
Interior
Exterior
Lot Size6,874 sqft
Land Information
APN0690270020017
Lot Number17
SubdivisionColquitt Court
Land UseCommercial
Legal DescriptionLT 17 BLK 2 COLQUITT COURT SEC 1
Census Tract411003
Assessed Land Value$687,500
Assessment Year2025
Investor Tools
$323,162Estimated Mortgage Balance
$364,338Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,485/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,385
$687,500
2025
$687,500
N/A
$687,500
Yes (2023)
Tax History
Year
Tax Paid
Assessed Value
2024
$14,385
$687,500
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plains State Bank
Unknown
$432,000
No
First
Feb 12, 2015
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$323,162
$364,338
52%
47%
$0/mo
