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$273,000

343 Richvale Ln, Houston, TX, 77598

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,380 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.83 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,900 sqft

Building Information

Year Built1983
Stories1
Garage Spaces2

Land Information

APN1153270160022
Lot Number22
SubdivisionPipers Meadow
Land UseResidential
Legal DescriptionLT 22 BLK 16 PIPERS MEADOW SEC 3
Census Tract341002
Assessed Land Value$49,725
Assessed Improvement Value$191,434
Assessment Year2025

About this property

Never Flooded! High and Dry! In "X" Zone. This jewel of a property won't last long! This beautiful home is centrally located in the well sought-after Pipers Meadow Subdivision near restaurants, shopping, hospital, and other conveniences. The home has also been well maintained, and many updates have been done throughout the home. Gorgeous guest bathroom! The kitchen has also been updated with a beautiful granite countertops, as well as other updates. Beautiful porcelain tile flooring in the master bath with beautiful custom vanity. Beautiful large back yard with large pergola for sitting outside with friends. Too many improvements to mention!

Investor Tools

Property Icon
$270,000
Estimated Property Value
$85,850Estimated Mortgage Balance
$208,026Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,638 /month
Positive
Cash Flow Estimate:
$546 /month

Interested in this property?

Gerald Wood

Bridgecrest Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$282/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,036
$241,159
2025
$49,725
$191,434
$241,159
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,036
$241,159

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Fha
$85,850
Yes
First
Oct 11, 2011
Nov 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$61,974
$208,026
77%
23%
$552/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$902/mo
+$1,038/mo
8.6%

Learn About the Market: Opportunity in Houston

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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343 Richvale Ln | Property Details | No Agent List