








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Richmond at 1007 Wavecrest Ct, Richmond, TX, 77469 projects strong ROI of 2.43%. Rental yield 2.87%. With 5% annual appreciation, the property builds $621,634 in value over five years. Equity growth combined delivers a projected five-year ROI of 10.4%, translating into $75,797 in total cumulative return on $729,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2010
8,350 sqft lot
$N/A/sqft
$3,465 annually HOA
Neighborhood data shown for ZIP Code: 77469, Richmond, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 28,583 (100%) |
| Owner Occupied HU | 20,528 (71.8%) |
| Renter Occupied HU | 5,709 (20.0%) |
| Vacant Housing Units | 2,346 ( 8.2%) |
| Median Home Value | $366,886 |
| Average Home Value | $418,861 |
Residential
25,396
Single Family
22,843
Multi-Family
2,553
Businesses
817
Date | Event | Price |
|---|---|---|
| 2025-07-07 | Price change | $2,250,000 |
| 2025-01-20 | Price change | $2,300,000 |
| 2024-07-18 | Listed for sale | $2,350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-07 | $15708.30 | 1.64% | $1,435,024 | 10.00% |
| 2023-07-07 | $15454.83 | -16.52% | $1,304,567 | 10.00% |
| 2022-07-07 | $18513.83 | 9.00% | $1,185,970 | 10.00% |



Listed by: Alexandra Hampson • Hampson Properties
Mls Name: HAR
Mls Provider:
Mls ID: #36097488
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