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$229,000

NAL Estimated Property Value

15631 Red Pine Ridge Way, Houston, TX, 77049

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,393 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.34 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,189 sqft

Building Information

Year Built2005
Garage Spaces1

Land Information

APN1266390020017
Lot Number17
SubdivisionLiberty Lakes
Land UseResidential
Legal DescriptionLT 17 BLK 2 LIBERTY LAKES SEC 2
Census Tract252201
Assessed Land Value$58,460
Assessed Improvement Value$162,788
Assessment Year2025

Investor Tools

Property Icon
$229,000
Estimated Property Value
$111,122Estimated Mortgage Balance
$117,878Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

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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
$1,652
$221,248
2025
$58,460
$162,788
$221,248
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,652
$221,248

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Fha
$122,735
Yes
First
Dec 30, 2015
Jan 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,122
$131,878
54%
49%
$839/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,770/mo
$839/mo
+$931/mo
9.3%

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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15631 Red Pine Ridge Way | Property Details | No Agent List