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$110,000

NAL Estimated Property Value

9009 Richmond Avenue 404, Houston, TX, 77063

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths885 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$112.88 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Free-Standing Range, Dishwasher, Washer/Dryer, Oven
FlooringCarpet, Wood

Exterior

Exterior FeaturesBalcony, Courtyard

Building Information

Year Built1977
Stories1

Land Information

APN1118990000005
SubdivisionWoodbridge Crossing Condo
Land UseResidential
Legal DescriptionUNIT 404 BLDG D .009615 INT COMMON LAND & ELE WOODBRIDGE CROSSING CONDO
Census Tract432502
Assessed Land Value$20,621
Assessed Improvement Value$87,910
Assessment Year2025

About this property

Fall in love with this charming 2/1.5 condo completely renovated top to bottom - brand new interior with new flooring, fresh new paint, fresh new cabinets and appliances. Open floorplan features all key living areas including living room, gourmet kitchen, tall ceilings, laminate wood floors, large picture windows that allow lots of Natural Light and makes the home feel extra spacious! Master bedroom has a full, en-suite bathroom. Move in ready, this beautiful home awaits you! This property is priced to sell. Located centrally with easy access to 59, Westheimer, Westpark, Tollway etc. Very quiet and serene complex hidden from Richmond. You might not even notice it driving by. Beautiful grounds all throughout give it a very tranquil feeling. Walking distance to bus stop and lots of restaurants and nearby shopping.

Investor Tools

Property Icon
$110,000
Estimated Property Value
$88,655Estimated Mortgage Balance
$21,345Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$660 /month
Positive
Cash Flow Estimate:
$220 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$135/month
$286/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,066
$108,531
2025
$20,621
$87,910
$108,531
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,066
$108,531

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$96,900
No
First
Nov 29, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$88,655
$21,345
19%
81%
$581/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,500/mo
$867/mo
+$633/mo
16.4%

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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9009 Richmond Avenue 404 | Property Details | No Agent List