$166,000
NAL Estimated Property Value4801 E Ridge Creek Dr, Houston, TX, 77053
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesElectric Range, Dishwasher
Exterior
Lot Size4,602 sqft
Building Information
Year Built1972
Stories1
Roof Type105
Land Information
APN6254-02-010-1800-907
Lot Number18
SubdivisionRidgemont Sec 2 Res D & G
Land UseResidential
Legal DescriptionRIDGEMONT SEC 2 RES D & G, BLOCK 10, LOT 18, R/P
Census Tract670101
Assessed Land Value$26,910
Assessed Improvement Value$123,710
Assessment Year2025
About this property
This is an ideal opportunity for investors to purchase an income producing property. This well maintained home is currently occupied by long standing tenant on a month-to-month lease.
Investor Tools
$166,000
Estimated Property Value
$120,316Estimated Mortgage Balance
$45,684Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,089 /month
Positive
Cash Flow Estimate:
$363 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$255/month
$200/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,228
$150,620
2025
$26,910
$123,710
$150,620
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,228
$150,620
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ocmbc Inc
Conventional
$124,600
No
First
Jun 5, 2024
Jul 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,316
$44,684
27%
72%
$748/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$948/mo
+$962/mo
13.8%
