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Owner Contacts

$325,000

NAL Estimated Property Value

16106 Ridge Park Dr, Houston, TX, 77095

Off Market

3 Beds

2 Bath

2,327 Sq Ft

Single Family Residence

$150.37 / sqft

Built in 1985

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Tile, Wood

Exterior

Lot Size8,050 sqft

Building Information

Year Built1985

Garage Spaces2

Land Information

APN1155490240015

Lot Number15

SubdivisionCopperfield Southdown Village

Land UseResidential

Legal DescriptionLT 15 BLK 24 COPPERFIELD SOUTHDOWN VILLAGE SEC 2

Census Tract541203

Assessed Land Value$82,653

Assessed Improvement Value$211,457

Assessment Year2025

About this property

Nestled in an established neighborhood with mature trees, this charming home offers the perfect blend of character and convenience. Enjoy easy access to major freeways and a prime location near shopping, schools, and parks. Inside, the home features a formal dining room ideal for entertaining, along with a private study located just off the primary bedroom—perfect for a home office or quiet retreat. The HVAC system was replaced in 2023, offering added peace of mind and modern efficiency. Filled with warmth and charm, this home is a wonderful opportunity for buyers seeking comfort, accessibility, and an inviting community.

Investor Tools

$325,000

Estimated Property Value

$321,130Estimated Mortgage Balance

$3,870Estimated Equity

7% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,099 /month

Positive

Cash Flow Estimate:

$700 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$283/month

$700/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,774

$294,110

2025

$82,653

$211,457

$294,110

Tax History

Year

Tax Paid

Assessed Value

2024

$1,774

$294,110

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Newrez Llc

Fha

$322,059

Yes

First

Mar 31, 2026

Apr 2056

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$321,130

$24,870

99%

$1,931/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,040/mo

$2,631/mo

$-591/mo

7.5%

Learn About the Market: Opportunity in Houston

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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.

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