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$337,000

12819 Reedwood Ridge Rd, Houston, TX, 77065

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,277 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.88 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Gas Cooktop, Dishwasher

Exterior

Lot Size7,475 sqft

Building Information

Year Built1993
Garage Spaces2

Land Information

APN1174580030032
Lot Number32
SubdivisionWortham Park
Land UseResidential
Legal DescriptionLT 32 BLK 3 WORTHAM PARK SEC 2
Census Tract552102
Assessed Land Value$72,881
Assessed Improvement Value$238,068
Assessment Year2025

About this property

Lovely one story 3 bedroom/2 bath home in Wortham Park with a split floor plan, ready for a December 1 move in! House includes high ceilings, island kitchen, generous room sizes and lots of natural light with plenty of storage. The neighborhood is quiet and assigned to desirable CFISD schools, with easy access to 290 and 1960 and lots of nearby shopping, amenities and parks. Showings are available starting Wednesday, November 16th.

Investor Tools

Property Icon
$337,000
Estimated Property Value
$138,750Estimated Mortgage Balance
$223,617Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,022 /month
Positive
Cash Flow Estimate:
$674 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$320/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,151
$310,949
2025
$72,881
$238,068
$310,949
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,151
$310,949

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Conventional
$138,750
No
First
Jul 10, 2017
Aug 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,383
$244,617
68%
34%
$832/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$832/mo
+$1,108/mo
6.9%

Learn About the Market: Opportunity in Houston

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Explore

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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