Last 24 Hours
$283,328
NAL Estimated Property Value5618 Condon Ln, Houston, TX, 77053
Off Market
3 Beds
2 Bath
1,828 Sq Ft
$150.44 / sqft
Built in 1978Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Bedrooms 3
Bathrooms Full 2
Indoor Fireplace
Garage Available
Heating Central
CoolingExterior
Lot Size6,408 sqft
Building Information
Year Built1978
Stories1
Roof Type105
Garage Spaces2
Land Information
APN6200-01-005-0800-907
Lot Number8
SubdivisionRidgegate S/D Sec 1
Land UseResidential
Legal DescriptionRIDGEGATE S/D SEC 1, BLOCK 5, LOT 8, R/P
Census Tract670202
Assessed Land Value$26,000
Assessed Improvement Value$257,328
Assessment Year2025
About this property
Come see this beautifully maintained 3 bedroom, 2 bath home, featuring numerous updates made by current owner. You have plenty of extra space to entertain, including the recently added enclosed sun room. This area can be used a flex space (for instance, for a workout area or play area) for your needs.
Investor Tools
$283,328
Estimated Property Value
$223,071Estimated Mortgage Balance
$60,257Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,700 /month
Positive
Cash Flow Estimate:
$567 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$324/month
$185/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,471
$283,328
2025
$26,000
$257,328
$283,328
No
Tax History
Year
Tax Paid
Assessed Value
2025
$2,471
$283,328
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$235,653
Yes
First
Jun 9, 2023
Jul 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$223,071
$60,257
21%
79%
$1,413/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$1,598/mo
+$312/mo
8.1%
12.4%