Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$1,004,000

NAL Estimated Property Value

12203 Rio Ridge Ln, Houston, TX, 77041

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,708 Sq Ft
price_per_sqft$209.22 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Convection Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringSlate, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size18,217 sqft

Building Information

Year Built2003
Garage Spaces3

Land Information

APN1230300010004
Lot Number4
SubdivisionLakes On Eldridge North
Land UseResidential
Legal DescriptionLT 4 BLK 1 LAKES ON ELDRIDGE NORTH SEC 13
Census Tract540101
Assessed Land Value$144,468
Assessed Improvement Value$729,207
Assessment Year2025

About this property

Welcome to the House of Zen! This expansive home boasts ~$200k in recent upgrades and sits on one of the largest lots in the neighborhood. The landscaped oasis offers a saltwater pool & spa, summer kitchen, and pergola, all surrounded by lush tropical palms. Inside this entertainer's dream, you'll find an open-concept layout with recent paint, retiled floors, and an updated chef's kitchen w/ sleek quartz countertops. The primary suite features a remodeled ensuite, providing a serene retreat. Upstairs, you'll find a large game room and three spacious secondary bedrooms with wood flooring. The backyard is a spacious and private sanctuary. Enjoy the saltwater pool & raised spa, relax under the covered summer kitchen, or unwind underneath the pergola or covered patio area surrounded by tropical landscaping. The garden, fire pit, and ample greenspace complete the outdoor experience. Don't miss the opportunity to own this piece of paradise. A life of relaxation and enjoyment awaits!

Investor Tools

Property Icon
$1,004,000
Estimated Property Value
$245,352Estimated Mortgage Balance
$758,648Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,024 /month
Positive
Cash Flow Estimate:
$2,008 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,004/month
$1,970/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,029
$873,675
2025
$144,468
$729,207
$873,675
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,029
$873,675

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$258,750
No
First
Jul 20, 2023
Aug 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,352
$758,648
75%
24%
$1,552/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,910/mo
$3,522/mo
$-612/mo
3.5%

City: Houston

12203 Rio Ridge Ln | Property Details | No Agent List