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$715,575

NAL Estimated Property Value

3505 Ridgeway Valley Ln Lane, Houston, TX, 77055

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,376 Sq Ft
price_per_sqft$252.1 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Gas Cooktop

Exterior

Lot Size2,069 sqft

Building Information

Year Built2019
Garage Spaces2

Land Information

APN1393420040004
Lot Number4
Land UseResidential
Legal DescriptionLT 4 BLK 4 SOMERSET GREEN SEC 7
Census Tract510902
Assessed Land Value$227,700
Assessed Improvement Value$487,875
Assessment Year2025

About this property

Home is ready for move in!!!! Built by Riverway Homes. This beautiful 3 story showcases an open concept on the 2nd floor. Perfect for entertaining. Home features quartz countertops throughout. Custom cabinetry, Butlers pantry, a walk in pantry, and office just off the living room. Homes will have there own private green space and full driveway. This is a must see, Call listing agent to see our model Home!

Investor Tools

Property Icon
$715,575
Estimated Property Value
$556,711Estimated Mortgage Balance
$158,864Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,293 /month
Positive
Cash Flow Estimate:
$1,431 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,538/month
$2,400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,883
$715,575
2025
$227,700
$487,875
$715,575
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,883
$715,575

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Top One Mortgage
Conventional
$578,400
No
First
Apr 5, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$556,711
$158,864
22%
78%
$3,468/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$5,868/mo
$-4,146/mo
2.9%

City: Houston

3505 Ridgeway Valley Ln Lane | Property Details | No Agent List