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$826,000

1229 Ripple Creek Dr, Houston, TX, 77057

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths3,380 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.38 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Wine Refrigerator, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator, Cooktop
FlooringTile, Wood

Exterior

Lot Size5,162 sqft

Building Information

Year Built1998
Garage Spaces2

Land Information

APN1189400010037
Lot Number14
SubdivisionWoodway Crescent
Land UseResidential
Legal DescriptionS 40 FT OF LT 14 BLK 1 WOODWAY CRESCENT
Census Tract431503
Assessed Land Value$254,317
Assessed Improvement Value$494,009
Assessment Year2025

About this property

Indulge in refined living in the prestigious, gated Woodway Crescent community Tanglewood & Galleria area. This beautifully renovated 3/4-bedroom, 3.5-bath home offers 3,380 sq ft of sophisticated space. 2 stories, blending elegance with modern upgrades. Soaring high ceilings, rich hardwood floors & graceful archways set the tone. Kitchen impresses w/ quartz countertops, custom cabinetry, dry bar w/ wine storage perfect for entertaining. Primary suite is a true retreat, featuring a sitting area, spa-inspired European-style bath, & generous walk-in closet. All bedrooms are conveniently located upstairs, each with en-suite access. Highlights include whole house generator, recent seller stucco inspection performed, a formal entry and an attached 2-car garage. List of Upgrades Available. HOA covers water bill. Zoned to Briargrove Elementary. Easy access to 610, upscale dining, and premier shopping. A rare opportunity in one of Houston's most sought-after gated enclaves! Schedule your tour!

Investor Tools

$472,100Estimated Mortgage Balance
$345,900Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,956 /month
Positive
Cash Flow Estimate:
$1,652 /month

Interested in this property?

Colette Mayers

Keller Williams Memorial

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,344/month
$4,650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,033
$748,326
2025
$254,317
$494,009
$748,326
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,033
$748,326

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$500,000
No
First
Oct 27, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$472,100
$345,900
42%
58%
$2,752/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,620/mo
$7,402/mo
$-4,782/mo
3.8%

City: Houston

1229 Ripple Creek Dr | Property Details | No Agent List