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$487,000

NAL Estimated Property Value

7702 Richmond Ave, Houston, TX, 77063

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,110 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.37 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size10,799 sqft

Building Information

Year Built1957
Stories1
Garage Spaces2

Land Information

APN0892890000023
Lot Number23
SubdivisionBriarmeadow
Land UseResidential
Legal DescriptionLT 23 BLK 3 BRIARMEADOW SEC 1
Census Tract432102
Assessed Land Value$150,750
Assessed Improvement Value$191,463
Assessment Year2025

About this property

welcome to this cozy 3 beds 2 bath nicely remodeled home. House has been well kept and the the aesthetics look amazing. House has been well kept and it looks amazing through out. huge cover back patio and the spacious back yard is perfect for hosting big family gatherings.

Investor Tools

Property Icon
$487,000
Estimated Property Value
$167,571Estimated Mortgage Balance
$319,429Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,922 /month
Positive
Cash Flow Estimate:
$974 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$803/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,206
$342,213
2025
$150,750
$191,463
$342,213
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,206
$342,213

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Danny Nguyen
Balloon
$189,000
No
First
Jul 28, 2020
Aug 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$167,571
$360,429
68%
34%
$1,134/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,980/mo
$1,134/mo
+$846/mo
4.9%

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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7702 Richmond Ave | Property Details | No Agent List