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$246,180

676 S Ripple Creek Dr, Houston, TX, 77057

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,224 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$204.25 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dryer, Refrigerator, Washer, Dishwasher
FlooringTile, Wood

Building Information

Year Built1970
Stories1

Land Information

APN1148970020005
SubdivisionKerry Glen Condo
Land UseResidential
Legal DescriptionUNIT 676 BLDG I .011438 INT COMMON LAND & ELE KERRY GLEN CONDO SEC 3
Census Tract431600
Assessed Land Value$46,774
Assessed Improvement Value$199,406
Assessment Year2025

About this property

Welcome home!!! Location, location, location!!! Nestled in the heart of the Tanglewood area. This hidden gem offers a 2 story unit beautifully maintained 2-bedroom 1.5 bathroom. Fridge, washer & dryer included. Energy efficient windows, bathed in natural light. hardwood flooring that spans the entire home, ensuring not only beauty but also easy maintenance. The Kitchen includes stainless steel appliances. All bills are included, Electricity, water, sewer, trash, grounds, gas, basic cable, pool, on site guard, exterior insurance & maintenance. The community offers controlled access and manned gate ensuring safety. This unit comes with one assigned parking space (#5) and storage closet (#3). Step onto your private patio and enjoy the tranquility of surrounding nature. Featuring a peaceful atmosphere. Walking distance to shops, church & restaurants. Schedule your private tour today.

Investor Tools

Property Icon
$246,180
Estimated Property Value
$0Estimated Mortgage Balance
$246,180Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$532/month
$716/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,151
$246,180
2025
$46,774
$199,406
$246,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,151
$246,180

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$246,180
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$716/mo
+$824/mo
7.5%

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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676 S Ripple Creek Dr | Property Details | No Agent List