Street View

B+

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Owner Contacts

$264,000

8142 Richland Dr, Houston, TX, 77028

$343,200 ARV

Off Market

3 Beds

3 Bath

1,713 Sq Ft

Single Family Residence

$157.62 / sqft

Built in 2023

Property Lead Type:

ARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Dishwasher

FlooringCarpet, Tile, Vinyl

Exterior

Lot Size3,511 sqft

Building Information

Year Built2023

Garage Spaces2

Land Information

APN0760410290004

Lot Number4

Land UseResidential Single Family

Legal DescriptionLT 4 BLK 1 CLAIRMONT PLACE SEC 1 5TH PAR R/P

Census Tract231000

Assessed Land Value$47,701

Assessed Improvement Value$202,351

Assessment Year2025

About this property

Welcome to Clairmont Place, where modern convenience and craftsmanship merge. Discover our brand-new homes, marrying Craftsman and Traditional elegance with modern essentials, just minutes from George Bush Intercontinental, downtown Houston, and East River district. This two-story residence features 3 bedrooms, 2.5 baths, and an open-concept living area, making it perfect for both entertaining and daily life. The kitchen shines with stainless steel appliances, granite countertops, and 42" cabinets. Enjoy the spacious backyard and private driveway, enhancing the urban living experience with a touch of suburban peace. Built by Censeo Homes with quality at the forefront, move in today and start making lasting memories at Clairmont Place. Warranty: 1 yr workmanship & materials, 2 yr on major systems and 10 yr structural components. All room dimensions should be verified.

Investor Tools

$264,000

Estimated Property Value

$255,290Estimated Mortgage Balance

$18,283Estimated Equity

3% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$343,200

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,620 /month

Positive

Cash Flow Estimate:

$540 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$513/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,841

$250,052

2025

$47,701

$202,351

$250,052

Tax History

Year

Tax Paid

Assessed Value

2024

$4,841

$250,052

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Fha

$255,290

Yes

First

Apr 4, 2024

May 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$245,717

$18,283

93%

$1,531/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,722/mo

$1,531/mo

+$191/mo

7.8%

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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