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Owner Contacts

$424,000

NAL Estimated Property Value

5802 Pheasant Ridge Ln, Houston, TX, 77041

Off Market

4 Beds

4 Bath

2,979 Sq Ft

$127.49 / sqft

Built in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher, Oven

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesSprinkler System

Lot Size9,540 sqft

Building Information

Year Built1996

Garage Spaces2

Land Information

APN1176750040012

Lot Number12

SubdivisionEldridge Park

Land UseResidential

Legal DescriptionLT 12 BLK 4 ELDRIDGE PARK SEC 1 AMEND

Census Tract540101

Assessed Land Value$77,870

Assessed Improvement Value$299,692

Assessment Year2025

About this property

Former David Weekey model home! Well maintained original owner. Updated with a brand new roof and 2 AC units and water heater only a few years old. Updated electric panel and more! Traditional layout with 2 formals at front and a huge family room with a fireplace. Spacious kitchen with an island and raised bars and a huge breakfast nook. The primary bedroom has large bay windows, a huge bathroom and walk-in closets. 3 spacious secondary bedrooms upstairs and a large game room with build-in speakers and an entertainment control console. Model home finishes and touches throughout the house and waiting for a new family to enjoy!

Investor Tools

$424,000

Estimated Property Value

$328,659Estimated Mortgage Balance

$95,341Estimated Equity

24% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,544 /month

Positive

Cash Flow Estimate:

$848 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$412/month

$825/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,820

$377,562

2025

$77,870

$299,692

$377,562

Tax History

Year

Tax Paid

Assessed Value

2024

$2,820

$377,562

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Lutheran Church Extension Fund Mo

Conventional

$349,600

First

Feb 5, 2023

Jun 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$328,659

$106,341

24%

78%

$2,097/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,910/mo

$2,922/mo

$-12/mo

8.2%

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