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B+
NoAgentList RatingHow are grades calculated? Info

$229,000

5814 West Ridgecreek Dr, Houston, TX, 77053

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,819 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$87.91 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

High Equity

Highlights

Interior

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

Exterior

Lot Size7,622 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6200-01-007-1900-907
Lot Number19
SubdivisionRidgegate S/D Sec 1
Land UseResidential
Legal DescriptionRIDGEGATE S/D SEC 1, BLOCK 7, LOT 19, R/P
Census Tract670202
Assessed Land Value$27,950
Assessed Improvement Value$201,749
Assessment Year2025

About this property

THIS 3 BEDROOM, 2 FULL BATH HOMEWAS RENOVATED IN 2015 AND BOASTS BEAUTIFUL DARK WOOD/ LAMINATE FLOORS IN THE COMMON AREA. IT ALSO INCLUDES A NICE ADDITION THAT COULD BE ANOTHER BEDROOM OR ENTERTAINMENT/GAMEROOM AREA. LIKE NEW APPLIANCES AND GRANITE COUNTER TOPS, LIKE NEW BATHROOM FIXTURES AND FLOORS THROUGH OUT. THIS HOME IS A MUST SEE!!

Investor Tools

Property Icon
$229,000
Estimated Property Value
$0Estimated Mortgage Balance
$7,916Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,374 /month
Positive
Cash Flow Estimate:
$458 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$118/month
$184/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$267
$204,095
2025
$27,950
$201,749
$229,699
No

Tax History

Year
Tax Paid
Assessed Value
2025
$267
$204,095

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Fha
$166,920
Yes
First
Dec 8, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,084
$7,916
3%
97%
$1,467/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$1,651/mo
+$259/mo
10.0%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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5814 West Ridgecreek Dr | Property Details | No Agent List