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$188,000

NAL Estimated Property Value

656 S Ripple Creek Drive 656, Houston, TX, 77057

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths2 Bath
Baths1,302 Sq Ft
price_per_sqft$1.54 / sqft
Year BuiltBuilt in 1964

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher
FlooringCarpet, Tile

Building Information

Year Built1964
Stories1
Garage Spaces2

Land Information

APN1109980000027
SubdivisionWoodway Glen T/H Condo
Land UseResidential
Legal DescriptionUNIT 656 BLDG A .000290 INT COMMON LAND & ELE WOODWAY GLEN T/H CONDO
Census Tract431600
Assessed Land Value$31,645
Assessed Improvement Value$134,909
Assessment Year2025

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$378/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,595
$166,554
2025
$31,645
$134,909
$166,554
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,595
$166,554

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$188,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
N/A
+$1,540/mo
9.8%

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.

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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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