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$215,000

326 Broad Ripple Dr, Houston, TX, 77336

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,458 Sq Ft
price_per_sqft$147.46 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Oven, Microwave, Gas Range, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size10,502 sqft

Building Information

Year Built1965
Stories1
Garage Spaces1

Land Information

APN0842120000103
Lot Number103
SubdivisionLakewood Heights
Land UseResidential
Legal DescriptionLT 103 BLK 3 LAKEWOOD HEIGHTS SEC 1
Census Tract251701
Assessed Land Value$45,205
Assessed Improvement Value$137,797
Assessment Year2025

About this property

Big Backyard, Lake Days & Easy Living This Lakewood Heights home has so much to love! With three bedrooms, two-and-a-half bathrooms, and a great layout, it offers plenty of space to feel comfortable without being overwhelming. One of the best parts is the location. You’re within walking distance of the neighborhood pool, Lake Houston, and the elementary school, making busy mornings and fun weekends a little easier. The large fenced backyard is ready for kids, pets, cookouts, or simply relaxing on the patio with friends and family. Sitting on an approximately 10,504-square-foot lot, there’s plenty of room to enjoy the outdoors and make the space your own. You’ll also have quick access to FM 1960, keeping shopping, dining, and commuting close by. This is a home where you can enjoy pool days, lake days, backyard barbecues, and everyday life all in one convenient location.

Investor Tools

$100,112Estimated Mortgage Balance
$115,631Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

Interested in this property?

Kelly Swartz

JLA Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,154
$183,002
2025
$45,205
$137,797
$183,002
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,154
$183,002

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Lending Corp
Conventional
$121,600
No
First
Oct 10, 2017
Nov 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$100,112
$114,888
53%
47%
$730/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$980/mo
+$742/mo
9.6%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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326 Broad Ripple Dr | Property Details | No Agent List