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B+
NoAgentList RatingHow are grades calculated? Info

$288,000

118 Sterling Ridge Dr Ste Rling, Nederland, TX, 77627

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,626 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.89 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,481 sqft

Building Information

Year Built2010
Stories1
Garage Spaces2

Land Information

APN061878-000-002700-00000
Lot Number9
SubdivisionSterling Ridge Phase I
Land UseResidential
Legal DescriptionSTERLING RIDGE PHASE I LOT 9 BLOCK 3
Census Tract011204
Assessed Land Value$30,703
Assessed Improvement Value$250,462
Assessment Year2025

About this property

Timeless red brick, custom home in the highly sought after gated community of Sterling Ridge! Light and bright throughout with plenty of windows and neutral paint colors! Wood and tile flooring in high traffic areas and plush carpet in the bedrooms! Fitted cabinetry and granite throughout, adds such an elegant touch! Butler's pantry with the perfect frosted door! Eye catching vaulted and tray ceilings! Private soaking tub, separate shower and walk-in closet in the primary suite! Covered patio seating and additional covered corner patio area at the back of the home! Pavilion and park for the home owner's to enjoy! New roof in 2023! Such a beautiful home with an outstanding location!!

Investor Tools

Property Icon
$288,000
Estimated Property Value
$272,700Estimated Mortgage Balance
$22,160Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$352/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,788
$281,165
2025
$30,703
$250,462
$281,165
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,788
$281,165

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$272,700
No
First
Dec 20, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,840
$24,160
8%
92%
$1,635/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Nederland

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118 Sterling Ridge Dr Ste Rling | Property Details | No Agent List