B+

NoAgentList RatingHow are grades calculated?

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Owner Contacts

$896,000

NAL Estimated Property Value

1234 Ripple Creek Dr, Houston, TX, 77057

Off Market

4 Beds

4 Bath

3,227 Sq Ft

Single Family Residence

$224.67 / sqft

Built in 1998

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer

FlooringCarpet, Tile, Wood

Exterior

Lot Size2,875 sqft

Building Information

Year Built1998

Garage Spaces1

Land Information

APN1189400010001

SubdivisionWoodway Crescent

Land UseResidential

Legal DescriptionTR 1 BLK 1 WOODWAY CRESCENT

Census Tract431503

Assessed Land Value$209,760

Assessed Improvement Value$439,916

Assessment Year2025

About this property

1234 Ripple Creek Drive in the Tanglewood/Briargrove area of Houston is a lovely, free standing, two story patio home, situated on a corner lot in a lovely gated community. With over 3000sf of living space and high ceilings, the home exemplifies a spacious elegance further enhanced by ample natural light pouring in from the many windows. With oak hardwoods throughout much of the home, a neutral color palette, a functional blend of open plan living and defined living spaces, this home is move in ready and a perfect base for The Galleria, Energy Corridor or Downtown. Easy access to I10, Kincaid, Duchesne and Awty. Never flooded! All per seller

Investor Tools

$896,000

Estimated Property Value

$556,416Estimated Mortgage Balance

$339,584Estimated Equity

36% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$5,376 /month

Positive

Cash Flow Estimate:

$1,792 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$948/month

$3,800/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,891

$649,676

2025

$209,760

$439,916

$649,676

Tax History

Year

Tax Paid

Assessed Value

2024

$6,891

$649,676

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Trustmark National Bank

Conventional

$624,500

First

Jul 7, 2021

Aug 2051

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$556,416

$319,584

36%

62%

$2,590/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,620/mo

$6,390/mo

$-3,770/mo

3.5%

Learn About the Market: Opportunity in Houston

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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.

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