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$865,000

NAL Estimated Property Value

1250 Ripple Creek Dr, Houston, TX, 77057

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,766 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$201.78 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Ice Maker, Convection Oven, Double Oven, Electric Oven, Microwave, Gas Range, Dishwasher, Dryer, Refrigerator, Washer
FlooringCarpet, Marble, Tile, Wood

Exterior

Lot Size3,245 sqft

Building Information

Year Built1999
Garage Spaces1

Land Information

APN1189400010023
SubdivisionWoodway Crescent
Land UseResidential
Legal DescriptionTR 23 BLK 1 WOODWAY CRESCENT
Census Tract431503
Assessed Land Value$227,410
Assessed Improvement Value$480,000
Assessment Year2025

About this property

Recently updated custom-built Classic Georgian with elevator on corner lot in gated community. Entering the elegant foyer, 1st level with hardwood flooring, fresh designer’s paint, Den w fireplace, formal dining w custom drapery. Butler/bar station with custom cabinetry & separate ice maker. Kitchen with refinished custom cabinetry, granite countertop, subzero fridge, island with gas cooktop and ultra-power vent hood, double ovens & casement windows. Kitchen opens to living area. Take the elevator or the Custom spiral staircase to 2nd level. Primary bedroom with retreat area. French doors to office/study in the Primary bedroom suite. Primary bathroom with his&hers custom walk-in closets, double vanities, whirlpool tub & separate shower, marble flooring & custom tiles. Guest bedrooms with Hollywood bathroom. Spacious guest suite on 3rd level with vaulted ceiling & skylight, window sitting, full bathroom & walk-in closet. Private patio. Plantation shutters throughout. Recent roof.

Investor Tools

Property Icon
$865,000
Estimated Property Value
$562,488Estimated Mortgage Balance
$302,512Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,190 /month
Positive
Cash Flow Estimate:
$1,730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,642/month
$3,600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,376
$707,410
2025
$227,410
$480,000
$707,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,376
$707,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$594,000
No
First
Oct 18, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$562,488
$272,512
32%
65%
$3,325/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,620/mo
$6,925/mo
$-4,305/mo
3.6%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1250 Ripple Creek Dr | Property Details | No Agent List