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$228,000

NAL Estimated Property Value

4854 Prairie Ridge Rd, Houston, TX, 77053

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,344 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.12 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,600 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces1

Land Information

APN6250-03-027-3600-907
Lot Number36
SubdivisionRidgemont Sec 3
Land UseResidential
Legal DescriptionRIDGEMONT SEC 3, BLOCK 27, LOT 36 (LESS E 2.5')
Census Tract670102
Assessed Land Value$31,200
Assessed Improvement Value$181,147
Assessment Year2025

About this property

Completely remodeled and Move-In Ready! This beautifully updated home offers 3 spacious bedrooms and 2 full bathrooms. Enjoy a large family room that seamlessly flows into a modern, open-concept kitchen featuring granite countertops, soft-close cabinets, stainless steel appliances, and a sleek Euro-style range hood. Both bathrooms have been completely renovated and include vanities, toilets, and bathtubs for a fresh, contemporary feel. Additional upgrades include: fresh interior and exterior paint, new roof with 30-year shingles, stylish wood-look SPC flooring throughout, new HVAC system and new water heater, new Double-pane, energy-saving windows, new PEX plumbing, Updated light fixtures and a lot more. Foundation leveling with life-time transferrable warranty. Conveniently located with easy access to Beltway 8, Fort Bend Parkway Tollway, FM-521, and TX-288, making commutes to the Texas Medical Center, University of Houston, Downtown, Chinatown, and the Galleria a breeze.

Investor Tools

Property Icon
$228,000
Estimated Property Value
$45,161Estimated Mortgage Balance
$182,839Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$175/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$957
$174,708
2025
$31,200
$181,147
$212,347
No

Tax History

Year
Tax Paid
Assessed Value
2025
$957
$174,708

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midland Mortgage
Fha
$47,495
Yes
First
Dec 13, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$45,161
$182,839
80%
20%
$296/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$496/mo
+$1,414/mo
10.1%

City: Houston

4854 Prairie Ridge Rd | Property Details | No Agent List