$190,358
NAL Estimated Property Value500 Morton St, Richmond, TX, 77469
$227,861 ARV
Recently Sold
7/14/26
Highlights
Interior
Exterior
Lot Size2,247 sqft
Building Information
Year Built1953
Land Information
APN7395-00-122-0156-901
Lot Number15
SubdivisionRichmond
Land UseCommercial
Legal DescriptionRICHMOND , BLOCK 122, LOT 15 & (53.5' X 42') LOT 16
Census Tract674900
Assessed Land Value$23,256
Assessed Improvement Value$167,102
Assessment Year2025
About this property
LOCATED IN HISTORIC RICHMOND ON POPULAR MORTON STREET.1950'S ONE STORY BRICK BLDG. HALF BLOCK FROM CITY HALL AND ONE BLOCK FROM SANDY MCGEES RESTAURANT, ACROSS STREET FROM METHODIST CHURCH. COULD BE TWO BEDROOM ONE HALF BATH OR COULD BE COMMERCIAL. UNRESTRICTED BLDG.
Investor Tools
$190,358
Estimated Property Value
$0Estimated Mortgage Balance
$190,358Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$227,861
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$428/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,186
$190,358
2025
$23,256
$167,102
$190,358
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,186
$190,358
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$190,358
100%
0%
$0/mo
