Tier One Funding
Market Intelligence
Fix & Flip Market Report

ZIP 77406 · Richmond, TX

18 completed flips in the last 12 months, $88K median gross margin, 109-day median hold. Real public-record data, flipper-level detail, free.

Completed Flips (12 mo)
18
Median Gross Margin
$88K
Median Hold
109 days
Median Home Value
$404K

Market snapshot

Population
63,187
Median Household Income
$139,280
Median Home Value
$404,020
Median Rent
$2,375

This report covers ZIP 77406, Richmond, TX. Demographic and housing figures blend U.S. Census ACS 5-year estimates with current rental listings. Flip-activity figures come from public county records of real estate transactions in the last 12 months, filtered to exclude wholesale deals, family transfers, and new construction.

Flipper activity in ZIP 77406

In the last 12 months, 18 properties in ZIP 77406 were bought and resold by investors, matching a real-flip profile (28 to 540 day hold, purchase of $25K or more, no new construction, rebuilds, iBuyers or multi-parcel sales; money-losing flips included). The typical flip cleared $88K in gross margin before rehab, carrying, and closing costs, with a median hold time of 109 days.

Top flippers in the zip

RankFlipper / LLCFlips
1JELINIS LLC2
2G & F HOMES LLC1
3KGHS REAL ESTATE LLC1
4CARRINGTON MORTGAGE SERVICES LLC1
5ALLY PROPERTIES1

Recent example

1838 ROCK FENCE DR, RICHMOND, TX, 77406 · G & F HOMES LLC
Bought $246,050, sold $397,936 (+$152K), held 167 days.

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More of Richmond

See every zip, the latest investor purchases and flips across the city on the Richmond, TX fix-and-flip market report.

See every flip in 77406, with full buyer and deal details

The full tool shows every flip transaction with buyer entity, exact purchase price, sale price, margin, and hold time. Plus the complete flipper leaderboard, comps for any address, rental analysis, and our T1F Market Score.

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Nearby markets in TX

Same-state markets near ZIP 77406. Click any to see its fix-and-flip snapshot.

Tier One Funding
Direct bridge & fix-and-flip lender

We built this tool. We also write the loans on flips just like the ones above.

$1B+
Funded
3 days
Typical close
No
Interior appraisal or inspection
17
States

About this data

Flip transactions: Pulled from public county recording records via SFR Analytics. Filtered to investor purchases resold 28 to 540 days later (shorter holds are wholesale or assignment deals). New construction, rebuilds, iBuyers, homebuilders, multi-parcel sales, family transfers and purchases under $25K are excluded. Money-losing flips are included, so margins reflect the real range of outcomes.

Gross margin: Sale price minus purchase price. Does not include rehab, carrying, or closing costs. Use our Deal Calculator to model full project returns.

Demographics and rent: Population, median household income, and median home value from U.S. Census ACS 5-year estimates (2022). Rental figures reflect current listings from SFR Analytics.

Why we built this: Tier One Funding is a direct bridge and fix-and-flip lender. We built this free tool because flippers kept asking us, "What are the real numbers in my market?" and there was no free answer that wasn't buried behind a paywall. Use the data to decide where to buy, then call us when you need bridge capital.