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$237,000

NAL Estimated Property Value

2411 Clear Ridge Drive, Houston, TX, 77339

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,622 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.05 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size6,965 sqft

Building Information

Year Built1991
Garage Spaces2

Land Information

APN1170740180640
Lot Number640
SubdivisionSherwood Trails
Land UseResidential
Legal DescriptionLT 640 BLK 18 SHERWOOD TRAILS SEC 3
Census Tract251402
Assessed Land Value$60,969
Assessed Improvement Value$148,872
Assessment Year2025

About this property

Just in time! This 3 bedroom, 2 bath, two story home sits on a corner lot in the well established community of Sherwood Trails located in Kingwood. With brand new carpet, and granite counters, newer roof and fresh paint, this home is move in ready! It's all been done for you. The owners took great pride to ensure that when you move in, you'll be care free and feel right at home. Downstairs you are greeted by a two story entry and a half bath for guests. Your living and dining combo with gas fireplaces is perfect for family and friend gatherings. The kitchen complete with granite counters and breakfast room combo host a two story ceiling with bay window. Upstairs you'll find the family game room placed perfectly between the Primary Bedroom and the two spare bedrooms to allow separation for privacy. Your oversized backyard is fully fenced and ready for outdoor activities or bbq's with friends and family. Schedule today before this beauty is gone.

Investor Tools

Property Icon
$237,000
Estimated Property Value
$233,005Estimated Mortgage Balance
$3,995Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$336/month
$460/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,841
$209,841
2025
$60,969
$148,872
$209,841
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,841
$209,841

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interlinc Mortgage Services Llc
Unknown
$244,489
No
First
Oct 6, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,005
$3,995
1%
98%
$1,466/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,070/mo
$1,926/mo
+$144/mo
10.5%

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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2411 Clear Ridge Drive | Property Details | No Agent List