48Days on Market

1view

$174,900

312 Travis Street, Richmond, TX, 77469

On Market

3 Beds

1 Bath

851 Sq Ft

Single Family Residence

$205.52 / sqft

Built in 1949

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 1

Indoor Fireplace

Heating Forced Air Unit

Cooling

AppliancesOven, Microwave, Gas Range, Refrigerator

FlooringTile

Exterior

Lot Size3,150 sqft

Building Information

Year Built1949

Stories1

Roof Type105

Land Information

APN7395-00-038-0070-901

Lot Number7

SubdivisionRichmond

Land UseResidential

Legal DescriptionRICHMOND , BLOCK 38, LOT 7

Census Tract674702

Assessed Land Value$31,421

Assessed Improvement Value$48,094

Assessment Year2025

About this property

***LOCATION! LOCATION! LOCATION*** Charming 1-story home located only 6-blocks from Downtown Richmond. Great opportunity for a new buyer to personalize and customize to make it their own OR investor to use as an rental property. Amenities: Roof (2017), re-pied w/ PEX plumbing (2020), central heating & air via a 13-SEER heat pump w/ electric backup (2014), electrical panel (2014), sewer line (2017), walk-in shower (2021), tile flooring throughout (2009), interior paint (2026). Kitchen w/ tile countertops, gas range, microwave, & refrigerator. Ceramic tile throughout is easy to maintain. 3 bedrooms w/ ceiling fans & lots of natural light. Bath w/ walk-in shower. Ample parking on the side of the house. 100-yr old oak tree canopies the backyard. 10x8ft storage shed is perfect for securing lawn equipment, work tools, or creating a workshop. Home's exterior is brick & wood. Enjoy no HOA. Close to fire dept, James Long Elementary, daycare, churches, & so much more. Low tax rate: 2.19.

Investor Tools

$173,000

Estimated Property Value

$0Estimated Mortgage Balance

$173,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,049 /month

Positive

Cash Flow Estimate:

$350 /month

Interested in this property?

Elisabeth McNinch

Village Property Advisors

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$218/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,748

$79,515

2025

$31,421

$48,094

$79,515

Tax History

Year

Tax Paid

Assessed Value

2025

$1,748

$79,515

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$173,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,130/mo

N/A

+$1,130/mo

7.8%

Learn About the Market: Opportunity in Texas

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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.

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