Last list price
1959 Richmond Ave Houston, TX 77098
Montrose Neighborhood
2
Beds
2
Baths
4,406
Sq Ft
5,400
Sq Ft Lot
Highlights
- 5,400 Sq Ft lot
- Cooling Available
- Central Heating
- Poe Elementary School Rated A-
About This Home
As of June 2025Fully Leased, Cash-Flowing Fourplex. Outstanding investment opportunity with strong, consistent rental income. The main house offers two spacious side-by-side units. Each featuring 2 bedrooms, 1.5 baths, 2sunrooms, a full kitchen, and a private laundry room. In the rear structure, you'll find two studio apartments upstairs, plus a framed but unfinished lower level—perfect for converting into a 5th unit, storage, or additional parking to further maximize income potential. Recent upgrades include a brand-new roof and new appliances, making this a low-maintenance, turnkey property for savvy investors.
Last Agent to Sell the Property
Great Western Realty License #0751251 Listed on: 06/05/2025
Last Buyer's Agent
Nonmls
Houston Association of REALTORS
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,740
Year Built
- Built in 1930
Lot Details
- 5,400 Sq Ft Lot
Home Design
- Quadruplex
- Composition Roof
Interior Spaces
- 4,406 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Schools
- Poe Elementary School
- Lanier Middle School
- Lamar High School
Utilities
- Cooling Available
- Central Heating
- Air Source Heat Pump
- Heating System Uses Gas
Community Details
- 4 Units
- Richmond Place Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 5, 2025
Closed on
Jun 30, 2025
Sold by
Jack Eseoghene Esther and Jack Sona-Ari
Bought by
Daniel Ron
Seller's Agent
Ryan Bacchus
Great Western Realty
Buyer's Agent
Nonmls
Houston Association of REALTORS
List Price
$739,000
Views
11
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Purchase Details
Closed on
Feb 18, 2020
Sold by
Kramer Matthias F
Bought by
Jack Eseoghene Esther and Jack Sona Ari
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,500
Interest Rate
5.25%
Mortgage Type
New Conventional
Similar Homes in Houston, TX
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The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Charter Title Company | |
| Vendors Lien | -- | Charter Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $395,500 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2025 06/30/25 | Sold | -- | -- | -- |
| 06/16/2025 06/16/25 | For Sale | $739,000 | 0.0% | $168 / Sq Ft |
| 06/12/2025 06/12/25 | Pending | -- | -- | -- |
| 06/05/2025 06/05/25 | For Sale | $739,000 | -- | $168 / Sq Ft |
Source: Houston Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $13,740 | $656,675 | $475,200 | $181,475 |
| 2023 | $13,740 | $656,675 | $475,200 | $181,475 |
| 2022 | $12,443 | $565,113 | $475,200 | $89,913 |
| 2021 | $12,577 | $539,651 | $475,200 | $64,451 |
| 2020 | $12,598 | $520,242 | $475,200 | $45,042 |
| 2019 | $12,652 | $500,000 | $475,200 | $24,800 |
| 2018 | $11,038 | $436,209 | $351,000 | $85,209 |
| 2017 | $11,575 | $436,209 | $351,000 | $85,209 |
| 2016 | $12,085 | $455,408 | $351,000 | $104,408 |
| 2015 | $8,234 | $350,000 | $324,000 | $26,000 |
| 2014 | $8,234 | $320,319 | $226,800 | $93,519 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Bacchus
R
Seller's Agent in 2025
Ryan Bacchus
Great Western Realty
(346) 210-8210
2 in this area
14 Total Sales
-
N
Buyer's Agent in 2025
Nonmls
Houston Association of REALTORS
Map
Source: Houston Association of REALTORS®
MLS Number: 96001183
APN: 0571210000002
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The information provided is exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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