$529,000
NAL Estimated Property Value431 Ridgewood Dr, Shepherd, TX, 77371
Off Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesWater Heater, Water Softener, Microwave, Free-Standing Range, Dishwasher, Oven, Refrigerator
FlooringTile, Vinyl
Exterior
Lot Size2.62 acres
Building Information
Year Built1993
Land Information
APN76668
Lot Number61
SubdivisionRagsdale Springs
Land UseResidential
Legal DescriptionRAGSDALE SPRINGS, LOT 61, ACRES 2.62
Census Tract200104
Assessed Land Value$68,640
Assessed Improvement Value$453,590
Assessment Year2025
About this property
Nestled on 2.62 acres in Shepherd, Texas, this 4 bed, 3 bath home offers privacy and a serene backyard oasis perfect for Texas summers. Just 60 minutes North of Houston, the commute is convenient. A guest house converted from the garage provides extra space for guests or a mother-in-law suite. Located in the peaceful Ragsdale Springs neighborhood, this home is close to town amenities and schools.
Investor Tools
$529,000
Estimated Property Value
$198,236Estimated Mortgage Balance
$330,764Estimated Equity
62% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,174 /month
Positive
Cash Flow Estimate:
$1,058 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$722/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,023
$522,230
2025
$68,640
$453,590
$522,230
No
Tax History
Year
Tax Paid
Assessed Value
2025
$6,023
$522,230
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Fha
$184,103
Yes
First
Jun 8, 2015
Jul 2045
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,236
$330,764
62%
37%
$1,505/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,505/mo
+$217/mo
3.9%
