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$1,800,000

616 Ridge St, Houston, TX, 77009

Under ContractInfo
Beds5 Beds
Baths5 Bath
Baths3,960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$454.55 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Wine Refrigerator, Microwave, Free-Standing Range, Dishwasher, Oven, Refrigerator
FlooringWood

Exterior

Lot Size9,879 sqft

Building Information

Year Built1920
Stories1
Garage Spaces2

Land Information

APN0611820070008
Lot Number1
SubdivisionWoodland Terrace
Land UseResidential
Legal DescriptionLT 1 BLK 7 & TR 5 ABST 1 J AUSTIN WOODLAND TERRACE
Census Tract510301
Assessment Year2025

About this property

Thoughtfully designed and impeccably executed, this 3,960 SF residence in Woodland Heights reflects a higher standard of living. Featuring 5 bedrooms, including a versatile space that can serve as a media room or fifth bedroom, along with a private office and first-floor guest suite. A true chef’s kitchen is paired with a fully equipped dirty kitchen with sink, dishwasher, and coffee station. Custom white oak cabinetry throughout. Soaring ceilings, precise detailing, and a level of finish rarely found in new construction.

Investor Tools

$0Estimated Mortgage Balance
$1,782,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,800 /month
Positive
Cash Flow Estimate:
$3,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,641/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,783
N/A
2025
N/A
N/A
N/A
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,783
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,782,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
0.9%

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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