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Owner Contacts

$289,442

NAL Estimated Property Value

5010 Ridgeway Dr, Houston, TX, 77033

$376,275 ARV

Off Market

4 Beds

2 Bath

2,295 Sq Ft

Single Family Residence

$0.83 / sqft

Built in 1955

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Gas Range, Dishwasher

FlooringCarpet, Tile, Vinyl

Exterior

Lot Size6,360 sqft

Building Information

Year Built1955

Stories1

Land Information

APN0801110000003

Lot Number3

SubdivisionInwood Terrace

Land UseResidential

Legal DescriptionLT 3 BLK 10 INWOOD TERRACE SEC 1

Census Tract332000

Assessed Land Value$67,997

Assessed Improvement Value$221,445

Assessment Year2025

About this property

Welcome Home! Situated near the Texas Medical Center and Museum District, this spacious 4 bedroom, 2 bathroom is now available to lease! Newly vinyl flooring installed, with an open floor plan concept, beautiful countertops and a backyard perfect for entertaining. This home is a must see!Voucher 8 accepted. SIZE MEASUREMENTS ONLY APPROXIMATE. Mandatory Resident Benefit Package for $50/month, which includes HVAC filter delivery, pest control, and more! Ask for more details if you have any questions. All criteria under TX Property Code Sec 92 will be considered when approving including criminal, rental, income, credit, etc. Pet approval is case by case. They MUST be approved by Owner. If approved, it is $400 non refundable pet fee. We DO NOT accept Dangerous breeds of dogs. Any questions including STATUS, pets, etc., please ask first, there are NO REFUNDS of app fees.

Investor Tools

$289,442

Estimated Property Value

$130,761Estimated Mortgage Balance

$158,681Estimated Equity

54% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)*

$376,275

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,737 /month

Positive

Cash Flow Estimate:

$579 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$625/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,056

$289,442

2025

$67,997

$221,445

$289,442

Tax History

Year

Tax Paid

Assessed Value

2024

$6,056

$289,442

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Cason Private Capital Llc

Purchase Money Mortgage

$146,000

First

Dec 28, 2020

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$130,761

$158,681

54%

45%

$876/mo

Learn About the Market: Opportunity in Houston

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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.

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