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$112,000

5151 Richmond Avenue #115, Houston, TX, 77056

SoldInfo
7/31/26
LeaseInfo
Beds1 Beds
Baths1 Bath
Baths630 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.67 / sqft
Year BuiltBuilt in 1965

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dryer Included, Refrigerator Included, Washer Included, Electric Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile

Exterior

Exterior FeaturesBalcony/Terrace, Courtyard

Building Information

Year Built1965
Stories1
Garage Spaces1

Land Information

APN1141570020005
SubdivisionGalleria Oaks Condo 2nd Amend
Land UseResidential
Legal DescriptionUNIT 115 BLDG B .004341 INT COMMON LAND & ELE GALLERIA OAKS CONDO 2ND AMEND
Census Tract431901
Assessed Land Value$12,786
Assessed Improvement Value$54,511
Assessment Year2025

About this property

Beautiful 1960's (per HCAD) boutique condominium in the heart of the Galleria area. In close proximity to Galleria, shopping, 24hr Fitness, food and transportation. Washer and dryer in unit; enjoy updated cabinetry, granite countertops and stainless steel appliances. Mature landscaping welcomes you through the grounds. Gated property and garage property. Agent related to landlord. All info per landlord.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$195/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,779
$67,297
2025
$12,786
$54,511
$67,297
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,779
$67,297

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$112,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
17.6%

Learn About the Market: Opportunity in Houston

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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.

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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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5151 Richmond Avenue #115 | Property Details | No Agent List