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221Days on Market

1view

$141,999

9707 Richmond Avenue 103, Houston, TX, 77042

On Market

2 Beds

2 Bath

1,161 Sq Ft

Condos / Townhouses

$122.31 / sqft

Built in 1978

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Range, Refrigerator, Dishwasher, Washer/Dryer

Exterior

Exterior FeaturesCourtyard

Building Information

Year Built1978

Stories1

Land Information

APN1142040100009

SubdivisionDoma Chase Condo

Land UseResidential

Legal DescriptionUNIT 103 BLDG J .009246 INT COMMON LAND & ELE DOMA CHASE CONDO

Census Tract432401

Assessed Land Value$21,429

Assessed Improvement Value$91,354

Assessment Year2025

About this property

INVESTOR DREAM HOME! TENANT OCCUPIED TILL MAY 2027. Settle into comfort and convenience with this charming 2-bedroom, 2-bath condo nestled in the gated community of Doma Chase. Tucked along the quiet courtyard, the home offers a peaceful setting just steps from the neighborhood pool area that invites relaxation year-round. Inside, natural light fills the thoughtfully designed layout, creating a warm and welcoming atmosphere with effortless flow between living, dining, and private spaces. Beyond the gates, you're perfectly positioned near Houston’s Energy Corridor, with quick access to Westheimer’s vibrant dining scene, upscale shopping, and major thoroughfares for an easy commute. Whether you're looking to unwind or explore, this inviting condo places you right where you want to be—with style, serenity, and city life all within reach.

Investor Tools

$68,910Estimated Mortgage Balance

$72,090Estimated Equity

51% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$852 /month

Positive

Cash Flow Estimate:

$284 /month

Interested in this property?

Tikila Adolph

Keller Williams Signature

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$179/month

$378/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,447

$112,783

2025

$21,429

$91,354

$112,783

Tax History

Year

Tax Paid

Assessed Value

2024

$1,447

$112,783

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Civic Financial Services Llc

Commercial

$77,250

First

Nov 16, 2020

Dec 2050

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$68,910

$72,090

51%

49%

$464/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,430/mo

$842/mo

+$588/mo

12.2%

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.

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