69Days on Market

1view

$125,000

9707 Richmond Avenue 127, Houston, TX, 77042

On Market

2 Beds

1 Bath

963 Sq Ft

Condos / Townhouses

$129.8 / sqft

Built in 1978

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer

FlooringCarpet, Tile

Building Information

Year Built1978

Stories1

Land Information

APN1142040120001

SubdivisionDoma Chase Condo

Land UseResidential

Legal DescriptionUNIT 127 BLDG L .007905 INT COMMON LAND & ELE DOMA CHASE CONDO

Census Tract432401

Assessed Land Value$17,377

Assessed Improvement Value$74,082

Assessment Year2025

About this property

Come see this modern, move-in ready condo in the Heart of the Westchase District. Beautifully updated with fresh paint and carpet this condo is nestled in a quiet corner of the community. With 2 equal sized bedrooms, this would make a good roommate floorplan; or a great investment opportunity. This home features an open-concept gourmet kitchen with quartz countertops, shaker-style white soft-close cabinets & drawers allowing tons of space for storage. Cozy family room with fireplace is perfect for those family game nights with access to a large patio. Don't forget the resort style pool and reserved covered-parking space that comes with each unit. Downstairs unit for easy accessibility. Close to Gallaria, restaurants, and entertaining venues. Possibly the BEST DEAL IN TOWN for this fully loaded condo! Won't last long!

Investor Tools

$16,537Estimated Mortgage Balance

$89,463Estimated Equity

84% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$750 /month

Positive

Cash Flow Estimate:

$250 /month

Interested in this property?

Carol Marple

Better Homes and Gardens Real Estate Gary Greene - Lake Houston

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$142/month

$324/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,174

$91,459

2025

$17,377

$74,082

$91,459

Tax History

Year

Tax Paid

Assessed Value

2024

$1,174

$91,459

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Long Beach Mortgage Co

Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)

$35,800

First

Mar 22, 2006

Apr 2036

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$16,537

$89,463

84%

16%

$215/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,430/mo

$539/mo

+$891/mo

16.2%

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