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$268,000

NAL Estimated Property Value

15615 Fern Ridge Dr, Houston, TX, 77084

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,048 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.51 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,721 sqft

Building Information

Year Built1985
Stories2
Garage Spaces2

Land Information

APN1137260000104
Lot Number103
SubdivisionBear Creek Village
Land UseResidential
Legal DescriptionLT 103 BLK 31 BEAR CREEK VILLAGE SEC 12
Census Tract540502
Assessed Land Value$52,416
Assessed Improvement Value$171,183
Assessment Year2025

About this property

Beautiful 4 bedroom, 2 1/2 bath home, located in Bear Creek Village. Great open floor plan is perfect for entertaining. Kitchen has tons of counter and cabinet space and gorgeous granite counter tops. Lots of windows for natural light and a statement fireplace. Primary suite is downstairs, with large en-suite, with dual sinks, lovely granite counters, and a large walk in closet. Upstiars has 3 additonal bedrooms, all with nice size closets. Upstairs bedroom could easily be used as a home office, workout, or media room! Hall bath is spacious and has tub and shower combo. Fenced backyard is large with a pretty covered patio. The neighborhood is in acclaimed Katy ISD, offers 2 pools, 6 tennis courts, and parks great for relaxing and enjoying the beautiful weather. Close to The Energy Corridor for work and City Center for dining, shopping and entertainment. Near US 290 and Beltway 8 for easy access to all areas of Houston. Make an appointment to view today. This one won't last long.

Investor Tools

Property Icon
$268,000
Estimated Property Value
$234,906Estimated Mortgage Balance
$33,094Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$349/month
$475/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,847
$223,599
2025
$52,416
$171,183
$223,599
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,847
$223,599

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Fha
$256,272
Yes
First
Dec 7, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,906
$33,094
12%
88%
$1,537/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$2,012/mo
+$628/mo
11.8%

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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15615 Fern Ridge Dr | Property Details | No Agent List