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$221,000

NAL Estimated Property Value

2507 Ridge Hollow Dr, Houston, TX, 77067

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,825 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$84.93 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size9,405 sqft

Building Information

Year Built1978
Stories2
Garage Spaces2

Land Information

APN1077950000041
SubdivisionRushwood
Land UseResidential
Legal DescriptionTR 41 BLK 6 RUSHWOOD SEC 2
Census Tract550601
Assessed Land Value$34,591
Assessed Improvement Value$157,865
Assessment Year2025

About this property

Longtime rental in convenient location close to Sam Houston Tollway. Tenant states no required repairs at this time. Fenced backyard, blocks from elementary school.

Investor Tools

Property Icon
$221,000
Estimated Property Value
$113,021Estimated Mortgage Balance
$107,979Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,326 /month
Positive
Cash Flow Estimate:
$442 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,756
$192,456
2025
$34,591
$157,865
$192,456
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,756
$192,456

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Felipe Garcia
Purchase Money Mortgage
$124,000
No
First
Sep 30, 2021
Oct 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$113,021
$113,979
50%
51%
$744/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,194/mo
+$528/mo
9.4%

City: Houston

2507 Ridge Hollow Dr | Property Details | No Agent List