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B+
NoAgentList RatingHow are grades calculated? Info

$374,000

10503 Desert Springs Cir, Houston, TX, 77095

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,831 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.16 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Laminate, Tile

Exterior

Private PoolPrivate Pool
Lot Size15,333 sqft

Building Information

Year Built1998
Garage Spaces2

Land Information

APN1194740040020
Lot Number20
SubdivisionRiata Ranch
Land UseResidential
Legal DescriptionLT 20 BLK 4 RIATA RANCH SEC 4 AMEND
Census Tract541006
Assessed Land Value$83,282
Assessed Improvement Value$288,935
Assessment Year2025

About this property

Don't miss out on this beautiful 4 bedroom home on a .35 acre cul-de-sac lot in the desirable Riata Ranch community. This floor plan has a formal dining room, formal living room(or office) and a nice game room upstairs. You will love the open space between the living room which boast high ceilings and a cozy fireplace and the gourmet kitchen with granite counters and stainless appliances. This space is wonderful for family functions or just relaxing on your off days. The master suite is on the first floor and has an in suite bathroom which features dual sinks, garden tub, frameless shower and walk in closet. The huge backyard with custom patio and swimming pool (maintenance included) has plenty of space for outdoor fun like volleyball, horseshoes or a nice playground for the kids. Don't forget to ask about the extra room upstairs!

Investor Tools

Property Icon
$374,000
Estimated Property Value
$234,000Estimated Mortgage Balance
$155,949Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,244 /month
Positive
Cash Flow Estimate:
$748 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$393/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,845
$372,217
2025
$83,282
$288,935
$372,217
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,845
$372,217

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Carrington Mortgage Services Llc
Conventional
$234,000
No
First
Sep 26, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,051
$158,949
42%
58%
$1,403/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$1,403/mo
+$1,237/mo
8.5%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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10503 Desert Springs Cir | Property Details | No Agent List