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$241,058

NAL Estimated Property Value

12518 Riva Ridge Ln, Houston, TX, 77071

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,810 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.45 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size5,349 sqft

Building Information

Year Built1979
Stories2
Garage Spaces2

Land Information

APN1106390000012
Lot Number12
SubdivisionFonmeadow
Land UseResidential
Legal DescriptionLT 12 BLK 7 FONMEADOW SEC 1
Census Tract423600
Assessed Land Value$64,969
Assessed Improvement Value$176,089
Assessment Year2025

About this property

This spacious 1.5 story, 3 bedroom 2 bath has all the features you would want in a home. The main front door is tucked around the side of the house for added privacy. As you enter the home, there is a formal dining to the left of entry and spacious living to the right. The living room has high ceilings, which add volume and enhance the visual appeal of this space. Kitchen is light, bright and airy. Electric stove will be installed. The breakfast nook will fit a bistro size table perfectly. There are 2 bedrooms down. The primary bedroom is located on 2nd floor and is large enough for oversized furniture and you can even set up a sitting area. Primary also features his/hers closets and double sinks in the primary bathroom. The backyard is just the right size to set up your outdoor furniture or playscape for the children. Fresh exterior/ interior paint. New carpet upstairs. Vinyl plank flooring and tile downstairs. AC/2020. Schedule your showing appointment today!!

Investor Tools

Property Icon
$241,058
Estimated Property Value
$209,382Estimated Mortgage Balance
$31,676Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,446 /month
Positive
Cash Flow Estimate:
$482 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$406/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,665
$241,058
2025
$64,969
$176,089
$241,058
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,665
$241,058

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$218,250
No
First
Feb 29, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$209,382
$31,676
13%
87%
$1,309/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,659/mo
+$63/mo
8.6%

City: Houston

12518 Riva Ridge Ln | Property Details | No Agent List