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$213,000

NAL Estimated Property Value

711 Broad Ripple Dr, Houston, TX, 77336

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,588 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.93 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Refrigerator, Dishwasher

Exterior

Lot Size11,299 sqft

Building Information

Year Built1970
Stories1
Garage Spaces2

Land Information

APN0904500000472
Lot Number472
SubdivisionLakewood Heights
Land UseResidential
Legal DescriptionLT 472 BLK 21 LAKEWOOD HEIGHTS SEC 3 R/P
Census Tract251701
Assessed Land Value$45,623
Assessed Improvement Value$138,643
Assessment Year2025

About this property

Beautiful 3 bed, 2 bath home in Lakewood Heights! Huge living room with a gas fireplace welcomes you as you walk in. Laminate flooring throughout. Check out that backyard with a large storage shed! The community has access to pool and boat launches onto Lake Houston!

Investor Tools

Property Icon
$213,000
Estimated Property Value
$170,814Estimated Mortgage Balance
$42,186Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,278 /month
Positive
Cash Flow Estimate:
$426 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$226/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,652
$184,266
2025
$45,623
$138,643
$184,266
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,652
$184,266

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending Inc
Fha
$171,830
Yes
First
Feb 12, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,814
$54,186
24%
80%
$1,131/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,131/mo
+$591/mo
9.7%

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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711 Broad Ripple Dr | Property Details | No Agent List