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$108,000

818 Mabel St, Richmond, TX, 77469

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths648 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.31 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace

Exterior

Lot Size7,396 sqft

Building Information

Year Built1948
Stories1
Roof Type105

Land Information

APN6040-00-000-0090-901
Lot Number9,10,11
SubdivisionNix S/D
Land UseResidential
Legal DescriptionNIX S/D, LOT 9,10,11
Census Tract674900
Assessed Land Value$55,470
Assessment Year2025

About this property

"Prime Land Opportunity in Richmond, Texas - Ideal for Your Dream New Build! Property Highlights: Spacious and level lot, ready for your custom home Peaceful and charming Richmond location Close proximity to schools, shopping, and parks Utilities available for easy construction Endless possibilities for your dream home design Invest in your future with this exceptional new build site Don't miss out on this fantastic chance to create the home of your dreams in the heart of Richmond, Texas.

Investor Tools

Property Icon
$108,000
Estimated Property Value
$0Estimated Mortgage Balance
$108,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$648 /month
Positive
Cash Flow Estimate:
$216 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$147/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,220
$55,470
2025
$55,470
N/A
$55,470
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,220
$55,470

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$71,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,350/mo
N/A
+$1,350/mo
15.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Richmond

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818 Mabel St | Property Details | No Agent List