41Days on Market

1view

$235,000

807 Richvale Ln, Houston, TX, 77062

On Market

3 Beds

2 Bath

1,666 Sq Ft

Single Family Residence

$141.06 / sqft

Built in 1968

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Electric Cooktop, Dishwasher

FlooringLaminate, Tile

Exterior

Lot Size7,261 sqft

Building Information

Year Built1968

Stories1

Garage Spaces2

Land Information

APN1003340000026

Lot Number26

SubdivisionCamino South

Land UseResidential

Legal DescriptionLT 26 BLK 24 CAMINO SOUTH SEC 3 R/P

Census Tract340701

Assessed Land Value$45,188

Assessed Improvement Value$216,899

Assessment Year2025

About this property

Welcome home to this charming, move-in-ready gem in the heart of it all! Offering over 1,600 square feet, this well-maintained home features 3 bedrooms, 2 bathrooms, and NO carpet with beautiful wood-look laminate flooring installed throughout in 2020. The spacious kitchen boasts double ovens, while a versatile flex room is perfect for a home office, game room, or formal dining. Relax year-round in the large enclosed all-seasons room overlooking the backyard. Major updates include a new roof (2024), PEX plumbing (2023), water heater (2023), insulation (2020), and an HVAC system only 8 years old. The home has never flooded for added peace of mind. Enjoy neighborhood amenities including a swimming pool, splash pad, tennis courts, and community center, all just minutes from shopping, dining, and schools.

Investor Tools

$0Estimated Mortgage Balance

$262,087Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,573 /month

Positive

Cash Flow Estimate:

$524 /month

Interested in this property?

Clarissa Michaels

C & S Premier Realty

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$428/month

$75/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$262,087

2025

$45,188

$216,899

$262,087

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$262,087

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$262,087

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$75/mo

+$1,647/mo

7.9%

Learn About the Market: Opportunity in Houston

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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.

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