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$228,000

7306 Ridgeberry Drive, Houston, TX, 77095

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,602 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.11 / sqft
Year BuiltBuilt in 1984

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size7,440 sqft

Building Information

Year Built1984
Stories1
Garage Spaces2

Land Information

APN1144760020002
Lot Number2
SubdivisionSommerall
Land UseResidential
Legal DescriptionLT 2 BLK 2 SOMMERALL SEC 2
Census Tract541204
Assessed Land Value$49,710
Assessed Improvement Value$159,290
Assessment Year2025

About this property

ONE MONTH FREE WITH A 13+ MONTH LEASE! All APPLICATION FEES AND PROCESSING FEES WAVED UPON SIGNED LEASE! A spacious and move-in ready 3-bedroom, 2-bathroom home in Houston is now available. New flooring, New appliances and a fresh coat of paint. This home features an open living area, large closets and easy access to major highways. Hurry homes this nice do not last long. This property is eligible for deposit alternative coverage in lieu of a security deposit. For information and enrollment, please contact our leasing team. Specialized Property Management residents are enrolled in the Resident Benefits Package (RBP) for $49.00/month which includes tenant legal liability insurance, HVAC air filter delivery (for applicable properties), credit reporting, renter rewards program, and much more!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$227/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,583
$209,000
2025
$49,710
$159,290
$209,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,583
$209,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independence Bank
Commercial
$23,000,000
No
First
Oct 1, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$22,351,112
N/A
0%
9803%
$137,897/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$137,897/mo
$-135,857/mo
10.7%

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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