NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$188,000

NAL Estimated Property Value

1411 Ramada Dr, Houston, TX, 77062

Off Market

2 Beds

2 Bath

1,464 Sq Ft

Condos / Townhouses

$1.19 / sqft

Built in 1968

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher

Building Information

Year Built1968

Stories2

Garage Spaces2

Land Information

APN0962780010411

SubdivisionClear Lake City R/P

Land UseResidential

Legal DescriptionTR 1411 BLDG 2 CLEAR LAKE CITY SEC 1 R/P

Census Tract340502

Assessed Land Value$35,215

Assessed Improvement Value$150,127

Assessment Year2025

About this property

***Contactless Showings Available**Welcome to this charming 2.0 bed, 1.5 bath home located at 1411 Ramada Dr, Houston 77062, TX. This lovely abode boasts a spacious 1,464 square feet, providing ample space for comfortable living. The interior features modern amenities, stainless-steel appliances, and a well-equipped kitchen with a dining area, oven range, dishwasher, and garbage disposal. For added convenience, you will have backyard access to hiking trails with water views. Located in the Clearlake Subdivision affording you to dining, shopping and Entertaiment. Including easy access to all interstates in the area. There will be a mandatory monthly resident amenity fee added to rent. Ask me about our ** $500 deposit options and our no pet deposits.

Investor Tools

$188,000

Estimated Property Value

$166,682Estimated Mortgage Balance

$21,318Estimated Equity

11% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,128 /month

Positive

Cash Flow Estimate:

$376 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$233/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,853

$185,342

2025

$35,215

$150,127

$185,342

Tax History

Year

Tax Paid

Assessed Value

2024

$1,853

$185,342

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Amcap Mortgage Ltd

Conventional

$180,500

First

Apr 29, 2022

May 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$166,682

$21,318

11%

89%

$1,083/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$1,083/mo

+$224/mo

8.3%

Learn About the Market: Opportunity in Houston

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 This Area