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Owner Contacts

$456,000

12415 Shepherds Ridge Dr, Houston, TX, 77077

Off Market

4 Beds

2 Bath

1,997 Sq Ft

Single Family Residence

$199.8 / sqft

Built in 1969

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Electric Oven, Microwave, Electric Cooktop, Dishwasher

FlooringTile, Wood

Exterior

Lot Size8,751 sqft

Building Information

Year Built1969

Stories1

Garage Spaces2

Land Information

APN0992530000105

Lot Number105

SubdivisionAshford Forest

Land UseResidential

Legal DescriptionLT 105 BLK 1 ASHFORD FOREST SEC 4 R/P & EXT

Census Tract451200

Assessed Land Value$108,875

Assessed Improvement Value$286,932

Assessment Year2025

About this property

Adorable cottage-style, 1 story, 4 bed home located in desired Ashford Forest in the heart of the Energy Corridor! Rare find tucked away on a quiet, tree-lined street! Lovely floor plan with traditional living & dining rooms. Family room features soaring cathedral ceilings w/handsome wood beams. Well-maintained home with the Sellers taking care of the important details! Foundation of the house & garage have been repaired by Jericho. Underground sewer pipes replaced! Roof replaced in 2017. Driveway & front walkway was replaced! Other recent updates include new mahogany craftsman front & back doors, AC, water heater & double-paned windows throughout! Robin's Loop Trail, part of beloved Terry Hershey Hike & Bike Trail, can be accessed through the neighborhood! The Ashford Forest neighborhood boasts strong community spirit, with contract constable patrol, neighborhood watch, 2 olympic-sized pools, an award-winning swim team, playground, tennis & new pickle ball courts! Never flooded!

Investor Tools

$456,000

Estimated Property Value

$249,000Estimated Mortgage Balance

$214,024Estimated Equity

45% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,736 /month

Positive

Cash Flow Estimate:

$912 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$255/month

$1,085/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$774

$395,807

2025

$108,875

$286,932

$395,807

Tax History

Year

Tax Paid

Assessed Value

2024

$774

$395,807

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Schlumberger Employees Cu

Conventional

$249,000

First

Oct 24, 2024

Nov 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$241,976

$220,024

47%

53%

$1,493/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,880/mo

$2,578/mo

+$302/mo

7.6%

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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