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$295,000

NAL Estimated Property Value

9623 Richmond Ave, Houston, TX, 77063

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,696 Sq Ft
price_per_sqft$117.92 / sqft
Year BuiltBuilt in 1966

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Electric Cooktop
FlooringSlate, Tile

Exterior

Lot Size8,751 sqft

Building Information

Year Built1966
Stories1
Garage Spaces2

Land Information

APN0930110000012
Lot Number12
SubdivisionTanglewilde
Land UseResidential
Legal DescriptionLT 12 BLK 19 TANGLEWILDE SEC 5
Census Tract432501
Assessed Land Value$107,520
Assessed Improvement Value$128,425
Assessment Year2025

About this property

Beautifully Maintained 4 bedroom Home with Slate and Tile Floors! A Fabulous Floorplan with multiple living areas! The Family Room is Grand with a High Ceiling, a Fireplace and a Built in Book Case. Kitchen is open to the Family Room with easy access to the Dining Room. Tile Counters, White Cabinets, a Stainless Steel Oven and More! This is a Fabulous Floorplan with four Spacious Bedrooms. The Backyard is filled with Mature Trees, Lush Landscaping and delightful walking paths throughout. The Greenhouse is an added Plus as well as the neatness of the Garage Interior! Gated and Private Backyard adds to the Charm! Close to Area Shopping, Restaurants and More! Call Your Agent Today for a SHowing! THIS Home will sell Fast!

Investor Tools

Property Icon
$295,000
Estimated Property Value
$252,613Estimated Mortgage Balance
$42,387Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$382/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,110
$235,945
2025
$107,520
$128,425
$235,945
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,110
$235,945

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Emporium Tpo Llc
Conventional
$256,750
No
First
Jun 23, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,613
$39,387
13%
86%
$1,540/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,550/mo
$1,540/mo
+$1,010/mo
10.4%

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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9623 Richmond Ave | Property Details | No Agent List