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Owner Contacts

$311,000

NAL Estimated Property Value

7219 Ridge Oak Dr, Houston, TX, 77088

Off Market

4 Beds

3 Bath

2,450 Sq Ft

$130.2 / sqft

Built in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Gas Cooktop, Dishwasher, Dryer, Refrigerator, Washer

FlooringConcrete, Tile

Exterior

Private Pool

Lot Size8,864 sqft

Building Information

Year Built1970

Stories1

Garage Spaces2

Land Information

APN1000480000071

Lot Number71

SubdivisionCandlelight Forest

Land UseResidential

Legal DescriptionLT 71 CANDLELIGHT FOREST SEC 1

Census Tract532700

Assessed Land Value$43,772

Assessed Improvement Value$203,975

Assessment Year2025

About this property

Step into this meticulously maintained 4-bedroom home with a sparkling pool, mature trees, and recent upgrades for peace of mind: Roof 2023, AC System 2025, Windows 2021, Pool Pump 2025, Garage door and motor recently replaced. All appliances included! Conveniently located with easy access to Highways 290, 249, Beltway 8, and I-45, this property offers both comfort and convenience. Inside, enjoy a bright interior with granite countertops, modern lighting, and spacious living areas. The oversized family room overlooks the backyard oasis with a private pool surrounded by lush landscaping. This gem offers 2450 sqft of living space on an 8864 sqft lot.

Investor Tools

$311,000

Estimated Property Value

$69,539Estimated Mortgage Balance

$241,461Estimated Equity

77% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,914 /month

Positive

Cash Flow Estimate:

$638 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$317/month

$35/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,253

$247,747

2025

$43,772

$203,975

$247,747

Tax History

Year

Tax Paid

Assessed Value

2024

$2,253

$247,747

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Primelending

Conventional

$104,000

First

Feb 15, 2012

Mar 2042

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$69,539

$244,461

77%

22%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,226/mo

$35/mo

+$2,191/mo

8.6%

Learn About the Market: Opportunity in Houston

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