$155,000
15815 Boridge Cir, Houston, TX, 77053
On Market
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size6,867 sqft
Building Information
Year Built1972
Stories2
Roof Type105
Garage Spaces1
Land Information
APN6250-02-017-1600-907
Lot Number16
SubdivisionRidgemont Sec 2
Land UseResidential
Legal DescriptionRIDGEMONT SEC 2, BLOCK 17, LOT 16
Census Tract670101
Assessed Land Value$33,670
Assessed Improvement Value$148,325
Assessment Year2025
About this property
A great opportunity for someone looking to invest and hold the property to generate rental income, or for someone who wants to live there and has the ability to handle repairs and renovations at an affordable price. The seller will not accept offers that include an option period. Please view the property before submitting your final offer. Offers should be close to the asking price. The seller has taken the condition of the house into account and based the price on that assessment.
Investor Tools
$83,018Estimated Mortgage Balance
$99,745Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,092 /month
Positive
Cash Flow Estimate:
$364 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$300/month
$400/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,692
$181,995
2025
$33,670
$148,325
$181,995
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,692
$181,995
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primeway Fcu
Credit Line (Revolving) / Heloc
$98,000
No
First
Oct 15, 2018
Nov 2038
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$83,018
$98,977
54%
46%
$588/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,470/mo
$988/mo
+$1,482/mo
16.3%
