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$574,000

NAL Estimated Property Value

709 Ralfallen St, Houston, TX, 77008

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths1 Bath
Baths1,070 Sq Ft
price_per_sqft$2.34 / sqft
Year BuiltBuilt in 1929

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dryer, Refrigerator, Washer, Dishwasher
FlooringWood

Exterior

Lot Size5,001 sqft

Building Information

Year Built1929
Stories1

Land Information

APN0520390000077
Lot Number77
SubdivisionRidgewood
Land UseResidential
Legal DescriptionLT 77 RIDGEWOOD
Census Tract511302
Assessed Land Value$475,000
Assessed Improvement Value$53,806
Assessment Year2025

About this property

Embrace the outstanding Heights lifestyle in this quintessential 2BD/1BA bungalow featuring fantastic updates and wonderful private outdoor space. A charming, covered porch overlooking the pretty front yard and quiet tree-lined street invites you inside to discover spacious open living and dining rooms with hardwood floors, bright windows and recessed lighting. Ahead, the beautifully updated, windowed kitchen features new tile floors, stainless steel appliances, and abundant cabinetry and counter space. Two bedrooms include wide closets with storage above, and the updated bathroom dazzles with new flooring, wainscoting, contemporary fixtures and a large tub/shower with glass brick and subway tile. The laundry room offers a washer-dryer and storage. Outside, the oversized fully fenced yard is perfect for entertaining with an expansive patio and lawn, and the extra-long driveway provides excellent gated parking. Located in the heart of the Heights close to fantastic dining and nightlife.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,146/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,880
$528,806
2025
$475,000
$53,806
$528,806
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,880
$528,806

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$284,000
No
First
Apr 30, 2022
May 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,259
$317,741
54%
46%
$1,703/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,690/mo
$1,703/mo
$-13/mo
3.5%

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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709 Ralfallen St | Property Details | No Agent List