$279,900
231 Ravenhead Dr, Houston, TX, 77034
On Market
Just Added
Property Lead Type:
Absentee OwnerMove-In Ready
Highlights
Interior
AppliancesConvection Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet
Exterior
Lot Size7,937 sqft
Building Information
Year Built1963
Stories1
Garage Spaces2
Land Information
APN0890060000014
Lot Number14
SubdivisionArlington Heights
Land UseResidential
Legal DescriptionLT 14 BLK 6 ARLINGTON HEIGHTS SEC 1
Census Tract321302
Assessed Land Value$42,561
Assessed Improvement Value$142,159
Assessment Year2025
About this property
Welcome to this beautifully renovated 4-bedroom, 2-bath home featuring a functional floor plan and thoughtful updates throughout. Highlights include fresh interior paint, new double-pane windows, new carpet, natural hardwood floors, quartz countertops, new cabinetry, and a stylish backsplash. The roof is approximately seven years old, and the spacious, cleared backyard offers plenty of room to relax or entertain. With no HOA and move-in-ready finishes, this home is ready for its new owners!
Investor Tools
$315,522Estimated Mortgage Balance
$243,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,679 /month
Positive
Cash Flow Estimate:
$560 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$332/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,765
$184,720
2025
$42,561
$142,159
$184,720
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,765
$184,720
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mangelli & Bilotti Pllc
Commercial
$116,270
No
First
Aug 24, 2023
Sep 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$315,522
N/A
0%
130%
$2,143/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,143/mo
+$83/mo
11.0%
