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$167,000

NAL Estimated Property Value

5021 Richfield Ln, Houston, TX, 77048

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,550 Sq Ft
price_per_sqft$90.32 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Lot Size9,535 sqft

Building Information

Year Built1950
Stories1
Garage Spaces1

Land Information

APN0832730000025
Lot Number25
SubdivisionSouth Acres Estates
Land UseResidential
Legal DescriptionLT 25 BLK 9 SOUTH ACRES ESTATES SEC 2
Census Tract331700
Assessment Year2025

About this property

The white interior color scheme & laminate wood flooring provide a modern look to this home. All three bedrooms have carpet (not new). Kitchen appliances will include a stove, range hood, and dishwasher. The utility room is located inside the property. In 2017 the owner installed a new HVAC system, Pex plumbing, and electric Panel Box. The lot is a little over 9000 sq ft. That is a lot of outdoor space for adults, kids, and pets. The Home is only a few minutes away from 288, Hobby Airport, Medical Center, Downtown and many local attractions.

Investor Tools

Property Icon
$167,000
Estimated Property Value
$179,548Estimated Mortgage Balance
$167,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,002 /month
Positive
Cash Flow Estimate:
$334 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$357/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,448
N/A
2025
N/A
N/A
N/A
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,448
N/A

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hancock Whitney Bank
Conventional
$190,000
No
First
May 19, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,548
N/A
0%
108%
$1,140/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,140/mo
+$582/mo
12.4%

City: Houston

5021 Richfield Ln | Property Details | No Agent List