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$239,900

8222 Ridge Forest Dr, Houston, TX, 77088

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,765 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.92 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

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

Exterior

Lot Size7,148 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN1084530000003
Lot Number3
SubdivisionInwood North
Land UseResidential
Legal DescriptionLT 3 BLK 11 017*I5645955-001-011-003 INWOOD NORTH SEC 1
Census Tract532600
Assessed Land Value$57,465
Assessed Improvement Value$157,005
Assessment Year2025

About this property

EXCEPTIONAL 3/2/2 BRICK HOME IN THE NEIGHBORHOOD. HOUSE FEATURES WOOD LAMINATE FLOORING AND RECENTLY UPDATED CARPET, TILE COUNTERTOPS, HIGH CEILINGS IN SPACIOUS FAMILY ROOM, WOOD-BURNING FIREPLACE, HIS AND HER SINKS, WALKING CLOSET IN PRIMARY BATH/BEDROOM. NEEDS TLC BUT MUST ACT NOW!

Investor Tools

$60,466Estimated Mortgage Balance
$175,534Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,439 /month
Positive
Cash Flow Estimate:
$480 /month

Interested in this property?

Elida Aguayo

REALM Real Estate Professionals - Sugar Land

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$130/month
$309/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$385
$214,470
2025
$57,465
$157,005
$214,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$385
$214,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aegis Funding Corp
Fannie Mae/Freddie Mac (Phased Out Keying In 2008 Because Fannie Mae Does Not Originate Loans Directly To Borrowers Or Investors. Most "New Conventional" Loans Meet Their General Underwriting Guidelines.)
$86,400
No
First
Feb 21, 2006
Mar 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$60,466
$175,534
74%
26%
$769/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,078/mo
+$644/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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8222 Ridge Forest Dr | Property Details | No Agent List