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$208,371

NAL Estimated Property Value

1539 Ramada Dr, Houston, TX, 77062

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,296 Sq Ft
price_per_sqft$127.31 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Building Information

Year Built1968
Garage Spaces2

Land Information

APN0962780010539
SubdivisionClear Lake City R/P
Land UseResidential
Legal DescriptionTR 1539 BLDG 4 CLEAR LAKE CITY SEC 1 R/P
Census Tract340502
Assessed Land Value$39,590
Assessed Improvement Value$168,781
Assessment Year2025

About this property

Beautiful townhome with laminate flooring and custom built-ins in the living room. two large bedrooms upstairs with fresh paint and beautifully remodeled bathrooms. This home is conveniently located a short distance away from the NASA Space Center and the immaculate Clear Lake. Very large outdoor area that can be turfed for a pet, or left as outdoor living space. The home backs up to the walking/running trails!

Investor Tools

Property Icon
$208,371
Estimated Property Value
$107,475Estimated Mortgage Balance
$100,896Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,250 /month
Positive
Cash Flow Estimate:
$417 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$312/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,707
$208,371
2025
$39,590
$168,781
$208,371
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,707
$208,371

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$120,000
No
First
Dec 16, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,475
$100,896
48%
52%
$720/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$870/mo
+$437/mo
7.5%

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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1539 Ramada Dr | Property Details | No Agent List