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Owner Contacts

$554,000

NAL Estimated Property Value

2918 Riata Ln, Houston, TX, 77043

Off Market

4 Beds

3 Bath

2,503 Sq Ft

Single Family Residence

$1.34 / sqft

Built in 1973

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Gas Cooktop, Refrigerator, Dishwasher

FlooringWood

Exterior

Lot Size8,803 sqft

Building Information

Year Built1973

Stories1

Garage Spaces2

Land Information

APN1054450000004

Lot Number4

SubdivisionSpring Shadows

Land UseResidential

Legal DescriptionLT 4 BLK W33 SPRING SHADOWS SEC 16

Census Tract521900

Assessed Land Value$264,000

Assessed Improvement Value$227,989

Assessment Year2025

About this property

This modern, fully renovated single-story home is a rare gem in the heart of Spring Branch. Featuring a charming blend of exterior brick and Hardie siding with fresh paint, this home boasts an open floor plan with vaulted ceilings—a rare find in this area! With 4 spacious bedrooms and 2 updated bathrooms, the home is situated in a quiet neighborhood with 24-hour constable patrol for added peace of mind. Every detail has been thoughtfully upgraded, including: A brand-new HVAC system, Durable PEX piping throughout, Custom, on-site built cabinets, Stunning wide-plank wood floors, New energy-efficient windows, Elegant countertops, high-end fixtures, and modern appliances. For added convenience, the electrical panel has been upgraded to include a 30-amp plug and interlock switch, offering backup power options in case of an outage. Located with easy access to Beltway 8, I-10, Memorial City Mall, and The City Centre, this home offers both comfort and convenience.

Investor Tools

$554,000

Estimated Property Value

$0Estimated Mortgage Balance

$554,000Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,324 /month

Positive

Cash Flow Estimate:

$1,108 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$275/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$530

$491,989

2025

$264,000

$227,989

$491,989

Tax History

Year

Tax Paid

Assessed Value

2024

$530

$491,989

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$529,000

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,770/mo

N/A

+$1,770/mo

3.8%

Learn About the Market: Opportunity in Houston

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