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$205,000

11418 Ribstone Dr, Houston, TX, 77016

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,368 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.4 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size6,599 sqft

Building Information

Year Built1960
Stories1
Garage Spaces1

Land Information

APN0913940000002
Lot Number2
SubdivisionNorthwood Manor
Land UseResidential
Legal DescriptionLT 2 BLK 9 NORTHWOOD MANOR SEC 2
Census Tract231900
Assessed Land Value$47,850
Assessed Improvement Value$89,621
Assessment Year2025

About this property

Welcome to your dream home! This beautifully updated single-story residence at offers charming curb appeal, modern finishes, and comfortable living all in one. Featuring a fresh exterior with a welcoming front entry, this home is move-in ready and perfect for first-time buyers, families, or investors. Step inside to discover a bright and airy layout with abundant natural light and stylish upgrades throughout. The spacious front yard and well-maintained landscaping create a serene atmosphere, while the extended driveway ensures ample parking for you and your guests. Conveniently located in a quiet, established neighborhood, this home offers quick access to major highways, shopping, dining, and schools. Don’t miss out on this incredible opportunity—schedule your showing today!

Investor Tools

Property Icon
$205,000
Estimated Property Value
$155,500Estimated Mortgage Balance
$51,774Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,349 /month
Positive
Cash Flow Estimate:
$450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$253/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$137,471
2025
$47,850
$89,621
$137,471
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$137,471

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$155,500
No
First
Jul 31, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$153,226
$53,774
25%
75%
$933/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$933/mo
+$789/mo
10.1%

Learn About the Market: Opportunity in Houston

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Explore

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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11418 Ribstone Dr | Property Details | No Agent List