Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
View AllArrow
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
View AllArrow
Auction List
Auction List
  • Real estate scheduled for county or online auction
View AllArrow
Deals List
Deals List
  • Discounted properties priced below market value
View AllArrow
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
View AllArrow
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS
View AllArrow

$212,500

NAL Estimated Property Value

5643 Condon Ln, Houston, TX, 77053

Recently SoldInfo
9/21/26
Beds3 Beds
Baths2 Bath
Baths1,828 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$87.47 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size10,372 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6200-01-004-4900-907
Lot Number49
SubdivisionRidgegate S/D Sec 1
Land UseResidential
Legal DescriptionRIDGEGATE S/D SEC 1, BLOCK 4, LOT 49, R/P
Census Tract670202
Assessed Land Value$28,600
Assessed Improvement Value$187,978
Assessment Year2025

About this property

Great investment opportunity in Houston! This property offers a functional floor plan and sits on a spacious lot with easy access to Beltway 8 and Highway 288. With just a light rehab, it can be transformed into a strong rental or resale in a well-established neighborhood. Cosmetic updates will quickly add value, making this an ideal project for investors seeking a straightforward renovation with solid returns.

Investor Tools

Property Icon
$212,500
Estimated Property Value
$123,805Estimated Mortgage Balance
$88,927Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,275 /month
Positive
Cash Flow Estimate:
$425 /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
$355/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,203
$216,578
2025
$28,600
$187,978
$216,578
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,203
$216,578

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$135,065
No
First
Mar 24, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$123,805
$92,773
42%
58%
$810/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$810/mo
+$1,100/mo
10.8%

City: Houston

5643 Condon Ln | Property Details | No Agent List