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$230,200

6839 Richwood Rd, Houston, TX, 77087

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,676 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.23 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher
FlooringVinyl, Wood

Exterior

Lot Size7,079 sqft

Building Information

Year Built1957
Stories1
Garage Spaces1

Land Information

APN0811280000022
Lot Number22
SubdivisionAndover Place
Land UseResidential
Legal DescriptionLT 22 BLK 9 ANDOVER PLACE SEC 2 R/P
Census Tract332600
Assessed Land Value$49,280
Assessed Improvement Value$180,920
Assessment Year2025

About this property

Check out this amazing renovated home! Three bedroom plus a bonus room. New cabinets, countertops, gas stove/range. New HVAC system! New water heater! Wood flooring throughout! New windows! Walk in shower in Primary! New cabinets and countertops in both bathrooms! Fresh paint! This home is vacant and ready for you!

Investor Tools

Property Icon
$230,200
Estimated Property Value
$225,000Estimated Mortgage Balance
$17,213Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,381 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$338/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,904
$230,200
2025
$49,280
$180,920
$230,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,904
$230,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trustmark National Bank
Unknown
$225,000
No
First
Jun 9, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,987
$17,213
7%
93%
$1,349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,349/mo
+$877/mo
11.6%

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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6839 Richwood Rd | Property Details | No Agent List