$259,000
NAL Estimated Property Value15003 Ridge Lake Drive, Houston, TX, 77082
Off Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Gas Oven, Microwave, Dishwasher
FlooringTile, Wood
Exterior
Lot Size10,598 sqft
Building Information
Year Built1983
Stories1
Garage Spaces2
Land Information
APN1097300000022
Lot Number22
SubdivisionClayton
Land UseResidential
Legal DescriptionLT 22 BLK 8 CLAYTON SEC 1
Census Tract454303
Assessed Land Value$71,400
Assessed Improvement Value$172,605
Assessment Year2025
About this property
NEVER FLOODED. Welcome Home! Gorgeous 3 bedrooms 2 full bathrooms home. Spacious kitchen with granite counter tops. Recently installed water heater and updated bathroom and large backyard for entertainment with boat access. Close to major freeways! Updated and ready for new owners who will love this home!
Investor Tools
$259,000
Estimated Property Value
$162,849Estimated Mortgage Balance
$96,151Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$253/month
$416/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,747
$244,005
2025
$71,400
$172,605
$244,005
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,747
$244,005
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgageselect
Conventional
$177,000
No
First
Feb 11, 2022
Mar 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$162,849
$96,151
37%
63%
$1,062/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,478/mo
+$482/mo
9.1%
