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$218,000

NAL Estimated Property Value

6818 Richwood Road, Houston, TX, 77087

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,634 Sq Ft
price_per_sqft$149.94 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Gas Oven, Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size7,079 sqft

Building Information

Year Built1957
Stories1
Garage Spaces2

Land Information

APN0811290000005
Lot Number5
SubdivisionAndover Place
Land UseResidential
Legal DescriptionLT 5 BLK 10 ANDOVER PLACE SEC 2 R/P
Census Tract332600
Assessed Land Value$49,280
Assessed Improvement Value$157,186
Assessment Year2025

About this property

Welcome to your dream home! This stunning 4-bedroom, 2-bathroom home boasts an array of features designed to enhance your living experience. Step inside to discover a newly renovated kitchen that will surely be the heart of your home. With modern finishes and stainless-steel appliances. The open layout seamlessly connects the kitchen to the spacious living room, providing the perfect setting for gatherings with family and friends. Garage is now a large bedroom with 2 closets. Retreat to the luxurious ensuite primary bedroom, complete with ample closet space and a private bathroom for added convenience and privacy. Three additional bedrooms offer versatility, using one as a flex space. Immerse yourself in the comfort of new flooring throughout the entire home, providing a stylish backdrop for your personal touches. New Roof June 2023, new hot water heater 2024, new gas furnace, pex plumbing 2024, new electrical panel and wiring 2024.

Investor Tools

Property Icon
$218,000
Estimated Property Value
$228,739Estimated Mortgage Balance
$218,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$271/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,164
$206,466
2025
$49,280
$157,186
$206,466
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,164
$206,466

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$237,650
No
First
Apr 15, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$228,739
N/A
0%
105%
$1,425/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,425/mo
+$297/mo
9.5%

City: Houston

6818 Richwood Road | Property Details | No Agent List