$230,000
2902 Clear Ridge Dr, Houston, TX, 77339
On Market
Property Lead Type:
Absentee OwnerHigh EquityCash BuyersMove-In Ready
Highlights
Interior
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Electric Range, Free-Standing Range, Refrigerator, Dishwasher, Oven
FlooringCarpet, Tile, Wood
Exterior
Lot Size7,540 sqft
Building Information
Year Built1978
Stories2
Garage Spaces2
Land Information
APN1098220000020
Lot Number20
SubdivisionElm Grove Village
Land UseResidential
Legal DescriptionLT 20 BLK 8 ELM GROVE VILLAGE SEC 1
Census Tract251402
Assessed Land Value$64,701
Assessed Improvement Value$157,371
Assessment Year2025
About this property
Welcome to this inviting corner-lot home! The open-concept layout features a family room with a wood-burning fireplace and a kitchen with granite countertops, a breakfast bar, white cabinetry, and tile flooring. The primary suite includes a private bath with a tiled shower, while two additional bedrooms share a hall bathroom. A sliding door leads to the back patio and spacious yard, offering plenty of room for entertaining, pets, or play. Conveniently located within walking distance of the elementary school.
Investor Tools
$0Estimated Mortgage Balance
$222,072Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,604
$222,072
2025
$64,701
$157,371
$222,072
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,604
$222,072
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$222,072
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,070/mo
N/A
+$2,070/mo
11.2%
