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$2,555,000

NAL Estimated Property Value

818 Riedel Drive, Houston, TX, 77024

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths5,876 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$297.8 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size14,776 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN0761370040070
Lot Number70
SubdivisionRiedel Estates
Land UseResidential
Legal DescriptionLT 70 BLK 4 RIEDEL ESTATES
Census Tract430700
Assessed Land Value$960,375
Assessed Improvement Value$1,239,177
Assessment Year2025

About this property

Spectacular Beeson home on 14,775 sq ft wooded lot in the heart of Memorial. This Riedel Estates executive home features custom details and exquisite craftsmanship. Stunning grand entry w/curved staircase, hickory-pecan floors and magnificent architectural details. Wood-paneled study w/French doors, formal dining room w/butler's pantry, huge gourmet kitchen provides imported Italian cabinetry, granite island & counters & SS appliances. Magnificent 29x19 sf family room w/triple French doors leads to covered patio and ultra-private backyard. Extra-large 24x19 sf primary bedroom suite w/bath spa & double closets w/built-ins. Upstairs includes game room, media room, study nook w/2 built-in computer centers & 4 bedrooms. You'll enjoy outdoor entertaining on the extended covered patio w/OUTDOOR KITCHEN & large back yard. Walking distance to prime SBISD schools, shopping, dining, & transportation. VIRTUAL TOUR LINK ABOVE!

Investor Tools

Property Icon
$2,555,000
Estimated Property Value
$1,584,794Estimated Mortgage Balance
$970,206Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$15,330 /month
Positive
Cash Flow Estimate:
$5,110 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,488/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$17,084
$2,199,552
2025
$960,375
$1,239,177
$2,199,552
No

Tax History

Year
Tax Paid
Assessed Value
2024
$17,084
$2,199,552

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gardner Financial Services Ltd
Conventional
$1,372,000
No
First
Jul 8, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,584,794
$970,206
37%
62%
$10,325/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,250/mo
$10,325/mo
$-7,075/mo
1.5%

City: Houston

818 Riedel Drive | Property Details | No Agent List