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$85,000

9707 Richmond Avenue 96, Houston, TX, 77042

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths992 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$85.69 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Building Information

Year Built1978
Stories1

Land Information

APN1142040100002
SubdivisionDoma Chase Condo
Land UseResidential
Legal DescriptionUNIT 96 BLDG J .007905 INT COMMON LAND & ELE DOMA CHASE CONDO
Census Tract432401
Assessed Land Value$20,887
Assessed Improvement Value$89,044
Assessment Year2025

About this property

Beautifully updated 2-bedroom, 1-bath second floor Town home featuring modern finishes and move-in ready condition. This well-maintained unit offers an open and comfortable layout with updated cabnietry and stylish tile flooring throughout for a clean, contemporary look. The kitchen and living areas flow nicely together, making the space feel bright and inviting. Both bedrooms are generously sized, and the bathroom has been tastefully updated.

Investor Tools

$20,756Estimated Mortgage Balance
$89,175Estimated Equity
81% 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

Interested in this property?

Mitchell Haynes

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$161/month
$360/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,386
$109,931
2025
$20,887
$89,044
$109,931
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,386
$109,931

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Diversified Home Lending Llc
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.)
$48,000
No
First
May 27, 2005
Jun 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$20,756
$89,175
81%
19%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$360/mo
+$1,070/mo
15.6%

City: Houston

9707 Richmond Avenue 96 | Property Details | No Agent List