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$97,000

NAL Estimated Property Value

5343 Richmond Avenue 8, Houston, TX, 77056

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths579 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$163.9 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Electric Oven, Electric Cooktop, Refrigerator, Dishwasher

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1965
Stories1

Land Information

APN1110060000008
SubdivisionThe Courtyards Condo
Land UseResidential
Legal DescriptionUNIT 8 BLDG B .008410 INT COMMON LAND & ELE THE COURTYARDS CONDO
Census Tract432703
Assessed Land Value$18,864
Assessed Improvement Value$64,136
Assessment Year2025

About this property

Charming & attractive 1/1 condo in the Galleria area in a quiet & gated community! Modern condo in great condition w/ recent & beautiful laminate-wood flooring throughout! Also features granite counters, newer fridge & updated bathroom. Community has peaceful patio for outdoor reading or socializing, and a great pool! Awesome & convenient location accessible to the Galleria, 610 & I-69!

Investor Tools

Property Icon
$97,000
Estimated Property Value
$609,738Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$582 /month
Positive
Cash Flow Estimate:
$194 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$213/month
$337/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,076
$83,000
2025
$18,864
$64,136
$83,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,076
$83,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
N/A
$67,000
N/A
First
Dec 15, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$609,738
N/A
0%
629%
$4,419/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$4,756/mo
$-3,116/mo
20.3%

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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5343 Richmond Avenue 8 | Property Details | No Agent List