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Days46Days on Market
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$279,000

2227 Red Valley Drive, Houston, TX, 77049

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,390 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.74 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Gas Range, Dishwasher
FlooringTile

Exterior

Lot Size7,466 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1262890030001
Lot Number1
SubdivisionRancho Verde
Land UseResidential
Legal DescriptionLT 1 BLK 3 RANCHO VERDE SEC 1
Census Tract252306
Assessed Land Value$49,383
Assessed Improvement Value$209,105
Assessment Year2025

About this property

Beautiful 4-bedroom, 2 full bath, 1 half bath home situated on a 7,467 sq. ft. corner lot with a 2-car attached garage. Features include an open-concept layout, high ceilings, and no carpet throughout. The kitchen offers a large island with breakfast bar seating and ample cabinet space. Upstairs you'll find all secondary bedrooms and a spacious game room. The primary suite features a walk-in closet, dual sinks, a garden tub, and a separate shower. Enjoy the large backyard with a covered patio, perfect for entertaining. Conveniently located near schools, shopping, dining, and entertainment.

Investor Tools

Property Icon
$283,000
Estimated Property Value
$0Estimated Mortgage Balance
$25,422Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,698 /month
Positive
Cash Flow Estimate:
$566 /month

Interested in this property?

Bruce Ham

Real Broker, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$293/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,103
$258,488
2025
$49,383
$209,105
$258,488
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,103
$258,488

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Credit Line (Revolving) / Heloc
$110,000
No
First
May 2, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$257,578
$25,422
8%
91%
$1,770/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
$2,220/mo
+$60/mo
9.7%

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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2227 Red Valley Drive | Property Details | No Agent List