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$124,000

NAL Estimated Property Value

9707 Richmond Ave Apt 72, Houston, TX, 77042

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,161 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.21 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Convection Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringLaminate

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1978
Stories1

Land Information

APN1142040070002
SubdivisionDoma Chase Condo
Land UseResidential
Legal DescriptionUNIT 72 BLDG G .009246 INT COMMON LAND & ELE DOMA CHASE CONDO
Census Tract432401
Assessed Land Value$15,000
Assessed Improvement Value$63,948
Assessment Year2025

About this property

This adorable, recently renovated condo is a must-see! It is located in a quiet, gated community in Westchase, offering a tranquil living environment. The 2-bedroom, 2-bathroom unit has been upgraded with new flooring, countertops, and fresh paint, giving it a modern and appealing look. With a private balcony off the living room, you can enjoy outdoor relaxation and a breath of fresh air. Additionally, a covered parking spot is included for your convenience. This condo's location is highly advantageous, as it is conveniently situated near both the Beltway and Westpark Tollway, allowing for easy access to downtown, shopping centers, restaurants, and various entertainment. Take advantage of this opportunity to make this renovated and charming condo your new home.

Investor Tools

Property Icon
$124,000
Estimated Property Value
$28,783Estimated Mortgage Balance
$95,217Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$744 /month
Positive
Cash Flow Estimate:
$248 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$172/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,447
$78,948
2025
$15,000
$63,948
$78,948
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,447
$78,948

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Funding Llc
Conventional
$48,000
No
First
Dec 30, 2009
Jan 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$28,783
$99,217
77%
23%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
N/A
+$1,430/mo
13.8%

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.

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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9707 Richmond Ave Apt 72 | Property Details | No Agent List