NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$123,154

NAL Estimated Property Value

5006 Ridgeway Dr, Houston, TX, 77033

Off Market

2 Beds

1 Bath

837 Sq Ft

Single Family Residence

$1.25 / sqft

Built in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2

Bathrooms Full 1

Garage Available

Heating Central

Cooling

Exterior

Lot Size6,412 sqft

Building Information

Year Built1983

Land Information

APN0801110000002

Lot Number2

SubdivisionInwood Terrace

Land UseResidential

Legal DescriptionLT 2 BLK 10 INWOOD TERRACE SEC 1

Census Tract332000

Assessed Land Value$68,272

Assessed Improvement Value$54,882

Assessment Year2025

About this property

****NO MORE SHOWINGS , APPLICATION PENDING.******Location! Location! So close to Medical Center and easy access to downtown. RECENTLY REHABBED PROPERTY in quiet subdivision. 2 bed, 1 bath including stove and dishwasher. Washer/dryer hookup available. Section 8 are welcome. Minimum requirements to APPLY are monthly income is 3x rent, no felonies, and no evictions. All criteria under Texas Property Code Section 92 will be considered when approving, including criminal history, rental history, current income, credit, etc. Pet approval is case-by-case. They MUST be approved by Owner. If approved, it is a minimum $400 pet fee per pet. We DO NOT accept dangerous breeds of dogs. Please ask first, there are NO REFUNDS of application fees due to non-acceptance of pets.

Investor Tools

$123,154

Estimated Property Value

$92,775Estimated Mortgage Balance

$30,379Estimated Equity

24% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$739 /month

Positive

Cash Flow Estimate:

$246 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$276/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,699

$123,154

2025

$68,272

$54,882

$123,154

Tax History

Year

Tax Paid

Assessed Value

2024

$2,699

$123,154

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bpl Mortgage Trust Llc

Commercial

$100,100

First

Jun 3, 2022

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$92,775

$30,379

24%

75%

$601/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$601/mo

+$706/mo

12.7%

Learn About the Market: Opportunity in Houston

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 This Area