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$605,000

NAL Estimated Property Value

2885 Mystic Ridge Ct, Houston, TX, 77089

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,807 Sq Ft
price_per_sqft$166.54 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer
FlooringStone, Wood

Exterior

Lot Size10,907 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APN1355850010004
Lot Number4
Land UseResidential
Legal DescriptionLT 4 BLK 1 PRESERVE AT HIGHLAND GLEN SEC 3
Census Tract350104
Assessed Land Value$77,158
Assessed Improvement Value$457,829
Assessment Year2025

About this property

Set on a quiet cul-de-sac in Preserve at Highland Glen, this 2014 two-story offers 3,807 sq ft on an approx. 10,900 sq ft lot and a 3-car garage. A brick exterior and hardwood floors set a warm tone, while the open layout and high ceilings connect living, dining, and kitchen for effortless everyday flow. The kitchen features granite countertops, ample storage, and a central kitchen island that keeps everyone connected. Generous bedrooms, a movie room, and 3.5 baths support flexible living, and multiple living areas accommodate work, play, or media. Outside, an expansive backyard with a covered patio looks over a bayou-view backdrop— perfect for serene mornings or weekend gatherings. Convenient access to Beltway 8 & I-45, close to area parks, trails, and airport. A compelling blend of space, setting, and location—ready for its next chapter. Appliances included. Buyer to independently verify all information, including room sizes, schools, HOA details, and taxes.

Investor Tools

Property Icon
$605,000
Estimated Property Value
$393,044Estimated Mortgage Balance
$211,956Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,804 /month
Positive
Cash Flow Estimate:
$1,268 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$526/month
$735/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,289
$534,987
2025
$77,158
$457,829
$534,987
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,289
$534,987

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Angel Oak Mortgage Solutions Llc
Conventional
$396,500
No
First
Nov 26, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$393,044
$211,956
35%
65%
$2,378/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,320/mo
$3,113/mo
$-793/mo
4.6%

Learn About the Market: Opportunity in Houston

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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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2885 Mystic Ridge Ct | Property Details | No Agent List