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$263,000

NAL Estimated Property Value

16618 E Rippleridge Dr, Houston, TX, 77053

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,057 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.77 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher

Exterior

Lot Size6,974 sqft

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3540-01-005-0160-907
Lot Number16
SubdivisionGreen Valley Estates Sec 1
Land UseResidential
Legal DescriptionGREEN VALLEY ESTATES SEC 1, BLOCK 5, LOT 16
Census Tract670101
Assessed Land Value$24,960
Assessed Improvement Value$235,935
Assessment Year2025

About this property

Welcome to this newly remodeled home in Green Valley Estates Subdivision! This stunning home features four bedrooms, two bathrooms, and a two-car garage, including an elegantly remodeled master ensuite. Enjoy the modern touches throughout including new stainless steel appliances, luxury vinyl flooring, new carpet, and fresh paint. This beautifully updated home offers style and comfort, making it perfect for your next move. Take advantage of the opportunity to call this exquisite property your own!

Investor Tools

Property Icon
$263,000
Estimated Property Value
$252,364Estimated Mortgage Balance
$10,636Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$289/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,159
$260,895
2025
$24,960
$235,935
$260,895
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,159
$260,895

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Provident Funding Associates Lp
Conventional
$260,930
No
First
Jul 31, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,364
$9,636
3%
96%
$1,565/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,470/mo
$1,765/mo
+$705/mo
11.3%

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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16618 E Rippleridge Dr | Property Details | No Agent List