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$299,000

7231 Ridge Oak Dr, Houston, TX, 77088

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,393 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.95 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Cooktop, Dishwasher
FlooringVinyl Plank

Exterior

Lot Size10,163 sqft

Building Information

Year Built1969
Stories1
Garage Spaces2

Land Information

APN1000480000073
Lot Number73
SubdivisionCandlelight Forest
Land UseResidential
Legal DescriptionLT 73 CANDLELIGHT FOREST SEC 1
Census Tract532700
Assessed Land Value$44,499
Assessed Improvement Value$204,980
Assessment Year2025

About this property

Updated throughout w/ a fresh modern style, this spacious single-story home delivers standout design, flexible living & an oversized lot! Rich wood-look flooring, crisp finishes & dramatic black accents create an inviting look. A versatile flex space near the entry is ideal for an office, sitting room or play space, while the formal dining room is ready for entertaining. The spacious living room features a striking black fireplace & flows into the breakfast nook & updated kitchen w/ granite counters, abundant cabinetry & modern finishes. One secondary bedroom adds extra character w/ a dramatic wood-beam ceiling, while the primary bedroom impresses offers a private bath & walk-in closet. Plus enjoy a convenient half bath is ideal for guests. Outside, enjoy a large fenced backyard, oversized covered patio & long driveway leading to the detached garage. Great Northwest Houston location w/ easy access to major roadways, shopping, dining & everyday conveniences!

Investor Tools

$194,720Estimated Mortgage Balance
$86,280Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

Interested in this property?

Alejandro Sanchez

Redfin Corporation

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$123/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$70
$249,479
2025
$44,499
$204,980
$249,479
No

Tax History

Year
Tax Paid
Assessed Value
2024
$70
$249,479

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Copa Lending Llc
Unknown
$195,000
No
First
Jul 16, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,720
$86,280
30%
69%
$1,170/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,170/mo
+$1,056/mo
9.5%

Learn About the Market: Opportunity in Houston

Local Market Pages
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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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7231 Ridge Oak Dr | Property Details | No Agent List