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$307,909

2507 Forest Ridge Dr, Missouri City, TX, 77459

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,994 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.94 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Range, Dishwasher

Exterior

Lot Size9,218 sqft

Building Information

Year Built1977
Stories2
Roof Type105
Garage Spaces2

Land Information

APN4960-01-006-1100-907
Lot Number11
SubdivisionMeadowcreek Sec 1
Land UseResidential
Legal DescriptionMEADOWCREEK SEC 1, BLOCK 6, LOT 11
Census Tract671102
Assessed Land Value$37,050
Assessed Improvement Value$270,859
Assessment Year2025

About this property

This professionally renovated home shows beautifully. The home features new HVAC with ducts, recessed lighting, stainless appliances, granite and quartz throughout, vinyl plank flooring, carpet, paint, fixtures, fans, faucets, doors, baths, kitchen, fence, ….all updated! Home boasts a huge, covered patio on the rear of the home that is perfect for entertaining and relaxing, easy go and show, set up your showing today!

Investor Tools

Property Icon
$307,909
Estimated Property Value
$294,566Estimated Mortgage Balance
$0Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,847 /month
Positive
Cash Flow Estimate:
$616 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$680/month
$180/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,616
$307,909
2025
$37,050
$270,859
$307,909
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,616
$307,909

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Stand Alone Second / Subordinate Position
$294,566
No
First
Dec 19, 2024
Dec 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$574,312
N/A
0%
187%
$3,534/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,714/mo
$-374/mo
13.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Missouri City

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2507 Forest Ridge Dr | Property Details | No Agent List