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$190,000

9809 Richmond Avenue B13, Houston, TX, 77042

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,494 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$127.18 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Cooktop, Dishwasher

Exterior

Private PoolPrivate Pool

Building Information

Year Built1977
Stories2

Land Information

APN1141960010013
SubdivisionElm Grove Condo Ph 1
Land UseResidential
Legal DescriptionUNIT 13 BLDG B .010260 INT COMMON LAND & ELE ELM GROVE CONDO PH 1
Census Tract432401
Assessed Land Value$32,166
Assessed Improvement Value$137,128
Assessment Year2025

About this property

Well maintained property in the desirable Westchase area of Houston. Centrally located and just minutes from Memorial City, City Centre, Bellaire, Chinatown and many other great areas of town! Plenty of great restaurants and shopping nearby as well. Nicely updated interior includes cabinets, kitchen, flooring, appliances and bathrooms. Great pool and courtyard perfect for entertaining and the unit is located just steps away!

Investor Tools

Property Icon
$169,294
Estimated Property Value
$0Estimated Mortgage Balance
$23,017Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month

Interested in this property?

Russell Lempertz

Keller Williams Signature

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
$729/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,804
$169,294
2025
$32,166
$137,128
$169,294
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,804
$169,294

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Unknown
$146,700
No
First
Apr 30, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,277
$23,017
13%
86%
$880/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,880/mo
$1,609/mo
+$271/mo
13.3%

Learn About the Market: Opportunity in Houston

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Explore

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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9809 Richmond Avenue B13 | Property Details | No Agent List