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$175,000

NAL Estimated Property Value

1546 Ramada Dr, Houston, TX, 77062

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths918 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$171.02 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Free-Standing Range, Dishwasher, Washer/Dryer
FlooringBamboo, Tile

Exterior

Private PoolPrivate Pool
Lot Size4,482 sqft

Building Information

Year Built1967
Stories1
Garage Spaces1

Land Information

APN0962760010032
Lot Number16
SubdivisionClear Lake City
Land UseResidential
Legal DescriptionTR 16A BLK 9 N 1/2 OF LT 16 CLEAR LAKE CITY SEC 1
Census Tract340502
Assessed Land Value$34,628
Assessed Improvement Value$133,932
Assessment Year2025

About this property

JUST THE RIGHT SPACE. LOVELY 1 STORY TOWN HOME IN THE MIDDLE OF CLEAR LAKE. THIS HOME FEATURES A SPACIOUS LIVING ROOM WITH BAMBOO FLOORING, 2 NICE SIZED BEDROOMS, ONE FULL BATH AND A HALF BATH PLUS A 1 CAR GARAGE. FRESHLY PAINTED AND MOVE IN READY. WANTING OUTDOOR SPACE. THIS HOME HAS ONE OF THE LARGEST FENCED BACK YARDS JUST WAITING FOR YOUR OUTDOOR FUN. PLENTY OF ROOM HERE FOR PLANTS AND MORE. STEPS AWAY FROM EXPLORATION GREEN WHERE YOU CAN STROLL DOWN THE WALKING TRAILS AND VIEW THE LAKES AND WILDLIFE. JUST DOWN THE BLOCK IS THE FREEMAN BRANCH LIBRARY AND ACTIVE COMMUNITY CENTER WITH INDOOR/OUTDOOR POOLS, GYM, AND OTHER RECREATIONS FOR ALL AGES. CONVENIENTLY LOCATED TO NASA, UNIVERSITY OF HOUSTON, JOHNSON SPACE CENTER, SHOPPING, RESTAURANTS AND MORE. COME LIVE IN THE HEART OF CLEAR LAKE.

Investor Tools

Property Icon
$175,000
Estimated Property Value
$174,646Estimated Mortgage Balance
$354Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$197/month
$280/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,484
$168,560
2025
$34,628
$133,932
$168,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,484
$168,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swift Home Loans Inc
Va
$180,000
Yes
First
Sep 30, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$174,646
N/A
0%
100%
$1,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,360/mo
$-53/mo
9.0%

City: Houston

1546 Ramada Dr | Property Details | No Agent List