Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$108,000

9809 Richmond Avenue E7, Houston, TX, 77042

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,029 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$140.91 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1977
Stories1

Land Information

APN1141960040007
SubdivisionElm Grove Condo Ph 2
Land UseResidential
Legal DescriptionUNIT 7 BLDG E .007420 INT COMMON LAND & ELE ELM GROVE CONDO PH 2
Census Tract432401
Assessed Land Value$19,709
Assessed Improvement Value$84,024
Assessment Year2025

About this property

Elm Grove Condo, introducing this 2 bedroom 1 bath condo located on the second floor features high vaulted ceiling, wood burning fireplace, laminate wood style flooring, balcony off living area, kitchen with plenty of cabinet space and all electric appliances. Bedroom with spacious walk-in closets, ceiling fans, central AC/Heat, 1 assigned covered parking space, access controlled gate, nicely maintained grounds and recreational areas. Maintenance fee includes basic cable, water, sewer, trash pickup.

Investor Tools

Property Icon
$108,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$870 /month
Positive
Cash Flow Estimate:
$290 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$138/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,117
$103,733
2025
$19,709
$84,024
$103,733
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,117
$103,733

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Fha
$127,645
Yes
First
May 20, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,089
N/A
0%
109%
$766/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,430/mo
$1,066/mo
+$364/mo
15.9%

Learn About the Market: Opportunity in Houston

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

9809 Richmond Avenue E7 | Property Details | No Agent List