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$421,000

NAL Estimated Property Value

1903 Cedar Ridge Ln, Pearland, TX, 77089

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,599 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.96 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Lot Size6,839 sqft

Building Information

Year Built2016
Garage Spaces2

Land Information

APN1361000010011
Lot Number11
Land UseResidential
Legal DescriptionLT 11 BLK 1 ENCLAVE AT HIGHLAND GLEN SEC 5
Census Tract350103
Assessed Land Value$63,738
Assessed Improvement Value$338,900
Assessment Year2025

About this property

MOVE-IN READY! This remarkable rental property boasts 4 bedrooms, 2 full baths. This rental home has high ceilings, gas fireplace, and plenty of windows for natural light. Upgraded bathrooms with plenty of room and nice countertops. Ceramic tiles though out. Gorgeous kitchen includes stainless steal appliances with granite countertops. Primary bathroom includes shower and tub. Rental home is located near Pearland Parkway and Beltway 8. Looking to for shopping or dining out? So many options just minutes away! Come check out this rental home before it is gone!!

Investor Tools

Property Icon
$421,000
Estimated Property Value
$172,464Estimated Mortgage Balance
$248,536Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,526 /month
Positive
Cash Flow Estimate:
$842 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$375/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,398
$402,638
2025
$63,738
$338,900
$402,638
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,398
$402,638

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Calatlantic Mortgage Inc
Conventional
$215,423
No
First
Nov 18, 2016
Dec 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$172,464
$238,536
58%
41%
$1,292/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$1,292/mo
+$1,028/mo
6.6%

City: Pearland

1903 Cedar Ridge Ln | Property Details | No Agent List