








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 1611 Brazos Gate Dr, Richmond, TX, 77469 listed at $410,000 pairs $3,394/mo rent with a $2,007/mo payment to leave $400/mo cash flow. Total monthly income runs $3,394/mo, and annual cash flow reaches $4,799/yr on $135,915 cash to close. Return on cash invested measures 23.44% in year one, and rental yield registers 9.93% at a $410,000 basis. Equity gained on principal adds $2,646/yr, and annual property appreciation at 5% supports $113,275 by year five. Five-year ROI tracks 123.24% and total cumulative return in cash totals $167,495. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,394/mo property income relative to a $2,007/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
6,494 sqft lot
$N/A/sqft
$939 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 |
|---|---|---|
| 2025-09-01 | Listed for sale | $410,000 |
| 2018-12-18 | Sold | N/A |
| 2018-11-18 | Pending sale | $275,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-01 | $6074.35 | -2.31% | $387,172 | -1.12% |
| 2023-09-01 | $6218.24 | 7.09% | $391,552 | 14.18% |
| 2022-09-01 | $5806.33 | 25.36% | $342,920 | 25.48% |



Listed by: Thomas Elmore • eXp Realty LLC
Mls Name: HAR
Mls Provider:
Mls ID: #35226153
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