5017 Richfield Lane

Houston, TX 77048

$100,000
Price
4
Beds
2
Baths
2,524 Sq. Ft.
$40 / Sq. Ft.
2,524
Sq. Ft.
$40
per Sq. Ft.

Description

Calling all investors! This gem is a fixer upper with huge potential. Nestled on a large corner lot, this home offers a blank slate for your imagination to come to life. Perfect flip or rental with a complete renovation. This property is an investor special in need of full finish out. It was originally being setup to accommodate 10 bedrooms and 4 bathrooms, perfect for a co-living / multi gen family / group home / assisted living / senior care / or other arrangements for amazing rental income. With...Calling all investors! This gem is a fixer upper with huge potential. Nestled on a large corner lot, this home offers a blank slate for your imagination to come to life. Perfect flip or rental with a complete renovation. This property is an investor special in need of full finish out. It was originally being setup to accommodate 10 bedrooms and 4 bathrooms, perfect for a co-living / multi gen family / group home / assisted living / senior care / or other arrangements for amazing rental income. With close proximity to major highways, downtown, and sporting venues, this property is a diamond in the rough waiting to be polished. Don't miss out on this opportunity - schedule your tour today! Property being sold AS-IS. ALL information deemed reliable but MUST be independently verified by buyer/agent.
  1. Listed by Erick Harbert • TREC #0629658 • Realty Right
  2. Listed by David Edwards • TREC #0795879 • Realty Right

Property Details for 5017 Richfield Lane

Area
3
Geo Market Area
Medical Center South
Subdivision
South Acres Estates Sec 02
Primary Planned Community
No
For Lease
No
School District
27 - Houston
Style
Traditional
Private Pool
No

Location

Listing Courtesy of Realty Right, Erick Harbert, TREC #0629658; Realty Right, David Edwards, TREC #0795879
Add your commute
LISTING UPDATED: 04/14/2024 04:00 AM

Property Details for 5017 Richfield Lane

StatusActive
MLS #40885670
Days on Market19
Taxes$4,231 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeSingle-Family
Year Built1950
Lot Size0.19 AC / 8,265 SF
CountyHarris County

Location

Listing Courtesy of Realty Right, Erick Harbert, TREC #0629658; Realty Right, David Edwards, TREC #0795879
Add your commute

Building Information for 5017 Richfield Lane

Stories1Year Built1950Building Size-Lot Size0.19 AC / 8,265 SF

Payment Calculator

$898 per month

30 year fixed, 7.25% Interest

Principal and Interest

$546

Property Taxes

$353

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5017 Richfield Lane

Description Information
School Details
  • School Elementary: WOODSON ELEMENTARY SCHOOL
  • School Middle: THOMAS MIDDLE SCHOOL
  • School High: STERLING HIGH SCHOOL (HOUSTON)
Building Details
  • Stories: 1
  • Dwelling Type: Free Standing
  • Garage Desc: Detached Garage
  • New Construction: No
  • Year Built Src: Appraisal District
Lot Information
  • Acres Description: 0 Up To 1/4 Acre
  • Sq Ft Source: Appraisal District
  • Lot Size Source: Appraisal District
  • Section Num: 2
  • Parcel Number: 083-273-000-0026
Rooms Information
Room 1
  • Room Type 1: Primary Bedroom
  • Room Dimensions 1: 10 x 13
  • Room Location 1: 1st
Room 2
  • Room Type 2: Bedroom
  • Room Dimensions 2: 10 x 11
  • Room Location 2: 1st
Room 3
  • Room Type 3: Bedroom
  • Room Dimensions 3: 10 x 10
  • Room Location 3: 1st
Room 4
  • Room Type 4: Bedroom
  • Room Dimensions 4: 10 x 9
  • Room Location 4: 1st
Room 5
  • Room Type 5: Primary Bath
  • Room Dimensions 5: x
  • Room Location 5: 1st
Room 6
  • Room Type 6: Bath
  • Room Dimensions 6: x
  • Room Location 6: 1st
Room 7
  • Room Type 7: Kitchen
  • Room Dimensions 7: x
  • Room Location 7: 1st
Room 8
  • Room Type 8: Living Room
  • Room Dimensions 8: x
  • Room Location 8: 1st
Room 9
  • Room Type 9: Breakfast
  • Room Dimensions 9: x
  • Room Location 9: 1st
Additional Information
  • Primary Bath Desc: Primary Bath: Shower Only, Secondary Bath(s): Tub/Shower Combo
  • Bed Room Description: En-Suite Bath
  • Room Description: Breakfast Room, Family Room
  • Kitchen Description: Breakfast Bar
Interior Exterior Utilities and Additional Information
Interior Features
  • Energy: Ceiling Fans
  • Connections: Electric Dryer Connections, Gas Dryer Connections, Washer Connections
  • Interior Features: Refrigerator Included
  • Floors: Tile, Wood
Exterior Features
  • Exterior Features: Back Yard Fenced
  • Street Surface: Concrete
  • Lot Description: Subdivision Lot
  • Foundation: Slab
  • Roof: Composition
  • Siding: Cement Board
  • Water Sewer: Public Sewer, Public Water
  • Heat System: Central Gas
  • 55+ Community: No
Financial Information
HOA and Fees
  • HOA Mandatory: No
  • Annual Maint Desc: No
  • Fee Other: No
  • Tax Year: 2023
  • Tax Rate: 2.01%
Financial Information
  • Ownership: Full Ownership

Property History for 5017 Richfield Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5017 Richfield Lane

Taxable ValueLand$66,893Additions$143,107Total$210,000
Tax Record2022$4,231 ($353 / month)
Home Facts
Beds10Baths1Total Finished SqFt1,800 SqFtAbove Grade Finished SqFt1,800 SqFtStories1Lot Size8,263 SqFtStyleSingle Family ResidenceYear Built1950CountyHARRISAPN0832730000026

Schools near 5017 Richfield Lane

This home is within Houston Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - 9 to 11
Rating
School
Distance
Woodson School
PublicPK to 5

Thomas Middle School
Public6 to 8

Sterling High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

5017 Richfield Lane is a single family home for sale in Houston, TX 77048. This property was listed for sale on April 11, 2024 by Realty Right, it's currently listed at $100,000. It has been on the market for a total of 19 days and was last sold on December 1, 2021. This listing's school district is Houston Independent School District. Nearby schools include Woodson School, Thomas Middle School and Sterling High School. 5017 Richfield Lane is a 4-bed, 2-bath, 2,524 sqft single family home built in 1950.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty Right, Erick Harbert, TREC #0629658; Realty Right, David Edwards, TREC #0795879

Copyright © 2024, Houston Realtors Information Service, Inc. All information provided is deemed reliable but is not guaranteed and should be independently verified.