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$562,000

NAL Estimated Property Value

2708 Ridgewood St, Houston, TX, 77006

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths2,341 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$213.16 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Washer/Dryer
FlooringConcrete, Tile, Wood

Exterior

Lot Size1,498 sqft

Building Information

Year Built1998
Stories3
Garage Spaces1

Land Information

APN0382530000013
SubdivisionCherryhurst
Land UseResidential
Legal DescriptionTR 5A BLK 18 CHERRYHURST
Census Tract410402
Assessed Land Value$142,500
Assessed Improvement Value$339,524
Assessment Year2025

About this property

There's something very special about this townhome across from Cherryhurst Park! Could it be the exposed ceiling trusses, or maybe the private driveway with off-street parking, or the nearly 2,400 SF of naturally lit living space, or that you're in the middle of a quiet little neighborhood but just a block away from everything Montrose? Outdoor living front and rear gardens, plus an unobstructed view of downtown from the rooftop deck. Lovingly maintained and so many living options thanks to the flexible floor plan. Custom floor to ceiling bookcase, stamped concrete floors, open-tread stained wood stairs, powder room on second floor, extra deep two car garage, recent appliances and roof.

Investor Tools

Property Icon
$562,000
Estimated Property Value
$212,222Estimated Mortgage Balance
$349,778Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,372 /month
Positive
Cash Flow Estimate:
$1,124 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$975/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,887
$482,024
2025
$142,500
$339,524
$482,024
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,887
$482,024

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amk Financial Corporation
Stand Alone First / Home Equity First Lien
$267,200
No
First
Aug 11, 2016
Sep 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,222
$340,778
61%
38%
$1,602/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$1,602/mo
+$358/mo
4.2%

City: Houston

2708 Ridgewood St | Property Details | No Agent List