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$415,000

1722 Saddlecreek Dr, Houston, TX, 77090

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,881 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.05 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringTile, Vinyl Plank

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen, Sprinkler System
Lot Size10,202 sqft

Building Information

Year Built1969
Stories1
Garage Spaces2

Land Information

APN1022020000025
Lot Number25
SubdivisionPonderosa Forest Extn
Land UseResidential
Legal DescriptionLT 25 BLK 10 PONDEROSA FOREST EXTN SEC 1
Census Tract553101
Assessed Land Value$54,142
Assessed Improvement Value$338,568
Assessment Year2025

About this property

Located in the heavily wooded, established Ponderosa Forest neighborhood, this beautiful one-story home was rebuilt from the studs up in 2020, offering the charm of an established community with the feel and finishes of a much newer home. The 3-bedroom + flex-space layout flows seamlessly from the kitchen to the living areas and out to the backyard, making it perfect for everyday living and entertaining. Outside, the pool, covered patio, and outdoor kitchen create a true backyard oasis. Inside, the kitchen features quartz countertops, stainless steel appliances, soft-close cabinetry, and a 5-burner gas cooktop. Additional highlights include plantation shutters, crown molding, LVP flooring, a spacious utility room with sink and built-in command center, powder bath with exterior pool access, oversized garage with walk-up storage, energy-efficient features, and a home that has never flooded. With so many thoughtful updates throughout, this is one you truly have to see in person.

Investor Tools

$216,211Estimated Mortgage Balance
$176,499Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

Interested in this property?

Laura Miranda

Compass RE Texas, LLC - The Heights

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$354/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,288
$392,710
2025
$54,142
$338,568
$392,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,288
$392,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$225,000
No
First
Jun 14, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,211
$176,499
44%
55%
$1,349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,790/mo
$1,749/mo
+$41/mo
5.5%

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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1722 Saddlecreek Dr | Property Details | No Agent List