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$236,000

NAL Estimated Property Value

731 Broad Ripple Drive, Houston, TX, 77336

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,656 Sq Ft
price_per_sqft$1.15 / sqft
Year BuiltBuilt in 1965

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size11,247 sqft

Building Information

Year Built1965
Stories1
Garage Spaces2

Land Information

APN0904500000477
Lot Number477
SubdivisionLakewood Heights
Land UseResidential
Legal DescriptionLT 477 BLK 21 LAKEWOOD HEIGHTS SEC 3 R/P
Census Tract251701
Assessed Land Value$45,596
Assessed Improvement Value$123,686
Assessment Year2025

About this property

Nestled in the heart of Lakewood Heights, 731 Broad Ripple presents a charming and spacious 3-bedroom, 2-bathroom home. This home is recently updated and offers a cozy retreat with its fenced yard, perfect for outdoor enjoyment and privacy. Convenience is key; the elementary school within walking distance makes those school runs a breeze. Located in the highly acclaimed Huffman ISD, this home is ideal for families seeking a top-notch education for their children. The neighborhood has a welcoming atmosphere, ideal for families or anyone seeking a peaceful community vibe. Don't miss the chance to make this delightful property your own. Schedule a viewing today and discover the warmth and comfort of 731 Broad Ripple!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$267/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,019
$169,282
2025
$45,596
$123,686
$169,282
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,019
$169,282

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
B2r Finance Lp
Commercial
$690,000
No
First
Dec 25, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$703,077
N/A
0%
298%
$5,106/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$5,106/mo
$-3,384/mo
8.8%

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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731 Broad Ripple Drive | Property Details | No Agent List