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$108,171

NAL Estimated Property Value

8201 Richmond Ave Apt 52, Houston, TX, 77063

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,040 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$110.58 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Refrigerator, Dishwasher, Washer/Dryer
FlooringTile

Exterior

Exterior FeaturesBalcony, Storage

Building Information

Year Built1978
Stories1

Land Information

APN1142940040004
SubdivisionThe Tamerrand Condo
Land UseResidential
Legal DescriptionUNIT 52 BLDG D .016600 INT COMMON LAND & ELE THE TAMERRAND CONDO
Census Tract432600
Assessed Land Value$20,552
Assessed Improvement Value$87,619
Assessment Year2025

About this property

This lovely upstairs unit, nicely remodeled throughout, offers two spacious bedrooms and two modern bathrooms, situated in a prime location near the Galleria, 610, and 59. Upgrades include new vinyl floors in the living room, kitchen, and bedrooms filled with natural light that will invigorate you to take on the day. The cozy eat-in kitchen boasts quartz countertops, complemented by subway tile backsplash and new (one-year-old) appliances. The primary bedroom features an oversized walk-in closet with a dressing vanity and easy access to the bathroom. With the convenience of having a washer and dryer in the unit, you can indulge in all the luxuries this condo offers, including its prime location near bus lines, restaurants, shopping, and major freeways. You'll be pleased to know that you'll have plenty of visitor parking and an assigned covered parking spot, along with extra storage space. This remarkable condo is the perfect place for you to call home! Schedule your showing today!

Investor Tools

Property Icon
$108,171
Estimated Property Value
$84,563Estimated Mortgage Balance
$23,608Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$690 /month
Positive
Cash Flow Estimate:
$230 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$194/month
$305/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,782
$108,171
2025
$20,552
$87,619
$108,171
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,782
$108,171

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$88,000
No
First
Mar 15, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$84,563
$29,437
25%
78%
$528/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,500/mo
$833/mo
+$667/mo
16.6%

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.

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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8201 Richmond Ave Apt 52 | Property Details | No Agent List