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$175,000

225 Burkett St, Richwood, TX, 77531

On MarketInfo
Beds3 Beds
Baths5 Bath
Baths1,066 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.17 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 5Bathrooms Full 5
Garage AvailableGarage Available
AppliancesGas Oven, Gas Range, Dishwasher, Oven, Refrigerator
FlooringCarpet, Vinyl

Exterior

Lot Size15,002 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces1

Land Information

APN3200-0107-000
Lot Number24
SubdivisionDavidson Slater Place
Land UseResidential
Legal DescriptionDAVIDSON SLATER PLACE (A0066 J E GROCE TR 105A)(RICHWOOD) BLK 7 LOT 24
Census Tract663700
Assessed Land Value$37,500
Assessed Improvement Value$105,640
Assessment Year2025

About this property

Affordable, move-in ready, and conveniently located, this charming 3-bedroom, 1-bath home in Richwood offers a fantastic opportunity for first-time home buyers, downsizers, or investors looking for a property in the growing Brazoria County area. Inside, you'll find durable vinyl flooring throughout, a functional floor plan, an in-home laundry area, and an updated kitchen with granite countertops. The home offers comfortable living spaces that are easy to maintain and ready for your personal touch. Situated in the heart of Richwood, you'll enjoy quick access to nearby Brazoria, Lake Jackson, Clute, and Freeport, making commuting simple while keeping shopping, dining, schools, and everyday conveniences just minutes away. Whether you're searching for an affordable home, an investment property, or your first place to call home, this property offers excellent value in a convenient location with easy access to major employers, local industry, recreation, and the beautiful Texas coast.

Investor Tools

Property Icon
$159,000
Estimated Property Value
$0Estimated Mortgage Balance
$159,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

Interested in this property?

Amanda Harrison

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$311/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,932
$143,140
2025
$37,500
$105,640
$143,140
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,932
$143,140

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$159,000
100%
0%
$0/mo

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: Richwood

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225 Burkett St | Property Details | No Agent List