$307,909
NAL Estimated Property Value2507 Forest Ridge Dr, Missouri City, TX, 77459
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
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
$307,909
Estimated Property Value
$574,312Estimated Mortgage Balance
$307,909Estimated Equity
0% 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
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%
