$272,326
NAL Estimated Property Value5118 Porter Ridge Drive, Houston, TX, 77053
Off Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesElectric Oven, Electric Range
Exterior
Lot Size6,600 sqft
Building Information
Year Built1976
Stories1
Roof Type105
Garage Spaces2
Land Information
APN6250-03-017-3800-907
Lot Number38
SubdivisionRidgemont Sec 3
Land UseResidential
Legal DescriptionRIDGEMONT SEC 3, BLOCK 17, LOT 38
Census Tract670101
Assessed Land Value$31,200
Assessed Improvement Value$241,126
Assessment Year2025
About this property
Ready to move in 4 bedroom home 2 full bath. Formal living and big family room with gas log fireplace, new water heater, new paint inside and outside, new flooring with ceramic tile and wood floor. 2 car garage.
Investor Tools
$272,326
Estimated Property Value
$168,249Estimated Mortgage Balance
$104,077Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,634 /month
Positive
Cash Flow Estimate:
$545 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$307/month
$250/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,318
$272,326
2025
$31,200
$241,126
$272,326
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,318
$272,326
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Fha
$184,594
Yes
First
Sep 17, 2021
Oct 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,249
$104,077
38%
62%
$1,107/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$1,357/mo
+$553/mo
8.4%
