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$590,000

2914 Riata Lane, Houston, TX, 77043

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,331 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$253.11 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Gas Range, Dishwasher
FlooringVinyl

Exterior

Private PoolPrivate Pool
Lot Size8,682 sqft

Building Information

Year Built1973
Stories1
Garage Spaces2

Land Information

APN1054450000005
Lot Number5
SubdivisionSpring Shadows
Land UseResidential
Legal DescriptionLT 5 BLK W33 SPRING SHADOWS SEC 16
Census Tract521900
Assessed Land Value$262,080
Assessed Improvement Value$182,798
Assessment Year2025

About this property

Stunning fully upgraded single-story home with a sparkling pool in the desirable Spring Shadows community. This move-in-ready property has been completely updated with new PEX plumbing, new interior and exterior paint, new flooring, new exterior doors, new pool plaster and filter, new garage door and motor, new electrical outlets, new gutters. The open-concept design offers a fully renovated kitchen with a large island, new cabinetry, quartz countertops, and stainless-steel appliances. No carpet, all bedrooms are generously sized. Fully remodeled bathrooms, with the luxurious primary suite showcasing a spa-like retreat with a walk-in shower, extensive cabinets, a large vanity area, double sinks, and a spacious walk-in closet. A home office is conveniently located just off the dining room. Backyard has covered patio and sparkling pool. Additional highlights include large driveway, low tax rate, and low HOA fees. Seller spared no expense, request the full list of upgrades.

Investor Tools

Property Icon
$590,000
Estimated Property Value
$0Estimated Mortgage Balance
$179,987Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,540 /month
Positive
Cash Flow Estimate:
$1,180 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$649/month
$340/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,836
$444,878
2025
$262,080
$182,798
$444,878
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,836
$444,878

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Blue Gate Capital Llc
Commercial
$418,000
No
First
Apr 7, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$410,013
$179,987
30%
69%
$2,507/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,280/mo
$2,847/mo
$-567/mo
4.6%

Learn About the Market: Opportunity in Houston

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Explore

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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2914 Riata Lane | Property Details | No Agent List