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$236,000

NAL Estimated Property Value

415 Clay St, Richmond, TX, 77469

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths832 Sq Ft
price_per_sqft$276.44 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

Absentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
AppliancesGas Range

Exterior

Lot Size12,197 sqft

Building Information

Year Built1942

Land Information

APN6005-01-000-0030-901
Lot Number3
SubdivisionNewton West S/D Sec 1
Land UseResidential
Legal DescriptionNEWTON WEST S/D SEC 1, LOT 3 (PART), ACRES 0.28
Census Tract674900
Assessed Land Value$11,935
Assessed Improvement Value$17,727
Assessment Year2025

About this property

Now is the chance to own a beautiful property in the developing old Richmond area! This home has been re-built up to code with approved city plans & permits, to the extent of ALMOST being a newly constructed home! Mechanical, electrical, and plumbing all replaced - with a cozy yet modern design to fit all your needs! Take advantage of owning a "like new" home, WITHOUT the high tax rates, MUD, or HOA fees!! **Driveway & sidewalk in the process of being installed by the city of Richmond - as well as new development adding easy access to Pecan Grove, and enhancing the neighborhood!**

Investor Tools

Property Icon
$236,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,338Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,416 /month
Positive
Cash Flow Estimate:
$472 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$134/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$29,662
2025
$11,935
$17,727
$29,662
No

Tax History

Year
Tax Paid
Assessed Value
2025
N/A
$29,662

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$233,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,350/mo
N/A
+$1,350/mo
6.9%

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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