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$478,763

7622 Richmond Ave, Houston, TX, 77063

PendingInfo
Beds4 Beds
Baths2 Bath
Baths2,053 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.35 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Free-Standing Range, Dishwasher, Oven, Refrigerator
FlooringLaminate, Tile, Wood

Exterior

Lot Size10,799 sqft

Building Information

Year Built1959
Stories1
Garage Spaces2

Land Information

APN0892890000021
Lot Number21
SubdivisionBriarmeadow
Land UseResidential
Legal DescriptionLT 21 BLK 3 BRIARMEADOW SEC 1
Census Tract432102
Assessed Land Value$150,750
Assessed Improvement Value$328,013
Assessment Year2025

About this property

Price to Sell Quick, Welcome to this beautifully updated home in the highly desirable Briarmeadow community, just minutes from the Galleria. This residence blends modern upgrades with timeless charm, offering a spacious open-concept layout filled with natural light. The updated kitchen features granite countertops, stainless steel appliances, freshly painted cabinets, and a breakfast bar—perfect for everyday living and entertaining. Enjoy peace of mind with a new roof installed in 2023. The covered, screened-in patio provides a great space for outdoor relaxation or hosting guests. The generous lot with mature trees offers room for a future pool or outdoor retreat. Unbeatable Location: Easy access to US-59/69, I-10, Loop 610, and Beltway 8, with close proximity to the Galleria and Texas Medical Center.

Investor Tools

Property Icon
$478,763
Estimated Property Value
$303,200Estimated Mortgage Balance
$189,322Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,873 /month
Positive
Cash Flow Estimate:
$958 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$997/month
$825/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,566
$478,763
2025
$150,750
$328,013
$478,763
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,566
$478,763

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bankers And Mortgage Group Inc
Conventional
$303,200
No
First
Dec 12, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$289,441
$189,322
39%
60%
$1,818/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,550/mo
$2,643/mo
$-93/mo
6.4%

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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7622 Richmond Ave | Property Details | No Agent List