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$918,000

1918 Ridgewood St, Houston, TX, 77006

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,616 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.34 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Range, Dryer, Refrigerator, Washer, Dishwasher
FlooringCarpet, Concrete

Exterior

Exterior FeaturesBalcony
Lot Size5,001 sqft

Building Information

Year Built1994
Stories4
Garage Spaces2

Land Information

APN0520620430011
Lot Number11
SubdivisionHyde Park Main
Land UseResidential
Legal DescriptionLT 11 BLK 43 HYDE PARK MAIN SEC 2
Census Tract410402
Assessed Land Value$625,000
Assessed Improvement Value$246,827
Assessment Year2025

About this property

Great opportunity to live in the Montrose/River Oaks area in a freestanding building with no shared walls or upstairs neighbors! Floor plan is ideal for a roommate situation. Potential for up to 3 bedrooms with 2 full baths, 2 half baths, a laundry room on the second floor with washer and dryer, and an attached 2-car covered carport that is fully fenced off from the street. Two fantastic outdoor patios on the 3rd and 4th floor enjoy treetop views and offer the perfect area to enjoy the sunset. Ground floor living areas include an open concept living/dining/kitchen area with an adjacent half bathroom and access to a ground floor patio with privacy from lush vegetation. Fully fenced front AND backyards provide ample space to enjoy the outdoors privately. Fantastic location with easy access to downtown, area dining and shopping, and Montrose / River Oaks area festivities!

Investor Tools

Property Icon
$918,000
Estimated Property Value
$0Estimated Mortgage Balance
$918,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,508 /month
Positive
Cash Flow Estimate:
$1,836 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,989/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$19,279
$871,827
2025
$625,000
$246,827
$871,827
No

Tax History

Year
Tax Paid
Assessed Value
2024
$19,279
$871,827

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$894,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
N/A
+$2,580/mo
3.4%

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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1918 Ridgewood St | Property Details | No Agent List