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NoAgentList RatingHow are grades calculated? Info

$238,000

5154 Prairie Ridge Rd, Houston, TX, 77053

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,306 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.42 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Free-Standing Range

Exterior

Lot Size6,600 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6250-03-024-5200-907
Lot Number52
SubdivisionRidgemont Sec 3
Land UseResidential
Legal DescriptionRIDGEMONT SEC 3, BLOCK 24, LOT 52
Census Tract670102
Assessed Land Value$31,200
Assessed Improvement Value$183,306
Assessment Year2025

About this property

Well-maintained single-story home with valuable updates already completed for you. This property features all-new PEX plumbing, a brand-new AC unit, a recent roof, and a new privacy fence. The extended covered back patio provides a comfortable outdoor living space with plenty of room for seating, grilling, or relaxing. Inside, the home offers a practical and functional layout with space to personalize and make your own. The exterior includes mature trees, a large driveway, and a peaceful backyard with garden beds and room for entertaining. Located in an established neighborhood with convenient access to major highways, schools, shopping, and dining. A solid, move-in-ready home with major mechanical updates already in place — a great opportunity for homeowners or investors.

Investor Tools

Property Icon
$238,000
Estimated Property Value
$228,000Estimated Mortgage Balance
$10,988Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$113/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$167
$174,561
2025
$31,200
$183,306
$214,506
No

Tax History

Year
Tax Paid
Assessed Value
2025
$167
$174,561

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$228,000
No
First
Feb 18, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,012
$10,988
4%
95%
$1,367/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$1,607/mo
+$303/mo
9.6%

Learn About the Market: Opportunity in Houston

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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 Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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5154 Prairie Ridge Rd | Property Details | No Agent List