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$204,793

5735 Ridgeway Dr, Houston, TX, 77033

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,340 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.18 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,205 sqft

Building Information

Year Built1958
Stories1
Garage Spaces1

Land Information

APN0790300270028
Lot Number28
SubdivisionEdgewood
Land UseResidential
Legal DescriptionLT 28 BLK 14 EDGEWOOD SEC 5
Census Tract332400
Assessed Land Value$67,474
Assessed Improvement Value$137,319
Assessment Year2025

About this property

Completely remolded! This 3-1.5 bath with 1 car garage has been completely remolded, new driveway, new garage door and door opener, new water heater, new AC and Heat, new roof,, new electrical panel, new kitchen, including all appliances and fans in all rooms, new flooring and new bathrooms, new double pane windows, new plumbing, new duck-work, in other words, it is almost like a new home. Owner has done an expectational job!

Investor Tools

Property Icon
$204,793
Estimated Property Value
$184,500Estimated Mortgage Balance
$31,344Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$433/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,173
$204,793
2025
$67,474
$137,319
$204,793
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,173
$204,793

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$184,500
No
First
Feb 3, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,449
$31,344
15%
85%
$1,107/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,107/mo
+$615/mo
10.1%

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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5735 Ridgeway Dr | Property Details | No Agent List