Last 24 Hours
$116,956
NAL Estimated Property Value5907 Ridgeway Drive, Houston, TX, 77033
Off Market
3 Beds
1 Bath
1,165 Sq FtHighlights
Interior
Bedrooms 3
Bathrooms Full 1
Garage Available
HeatingExterior
Lot Size7,148 sqft
Building Information
Year Built1965
Stories1
Garage Spaces1
Land Information
APN0790300250035
Lot Number35
SubdivisionEdgewood
Land UseResidential
Legal DescriptionLT 35 BLK 25 EDGEWOOD SEC 4
Census Tract332400
Assessed Land Value$67,213
Assessed Improvement Value$49,743
Assessment Year2025
About this property
Great opportunity to build on a 7,150 sq ft lot in the Edgewood subdivision. This vacant lot is ready for development and offers a solid investment in an area with new builds and completely renovated properties all around.
Investor Tools
$116,956
Estimated Property Value
$131,113Estimated Mortgage Balance
$116,956Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$702 /month
Positive
Cash Flow Estimate:
$234 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$222/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,083
$116,956
2025
$67,213
$49,743
$116,956
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,083
$116,956
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Park Place Finance Llc
Building Or Construction Loan
$136,000
No
First
May 9, 2024
Jun 2025
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,113
N/A
0%
112%
$816/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$816/mo
+$906/mo
17.7%
12.4%