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$239,990

8323 E Ridge Drive, Houston, TX, 77040

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,552 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.63 / sqft
Year BuiltBuilt in 1982

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
AppliancesDisposal, Electric Oven, Electric Cooktop, Free-Standing Range, Dishwasher, Oven
FlooringCarpet, Tile

Exterior

Lot Size7,492 sqft

Building Information

Year Built1982
Stories2
Garage Spaces4

Land Information

APN1147260070001
Lot Number1
SubdivisionFour Square Northwest
Land UseResidential
Legal DescriptionLT 1 BLK 7 & RES B1 & B2 FOUR SQUARE NORTHWEST SEC 1 COURTYARD HOMES 3 SEC 1
Census Tract532503
Assessed Land Value$91,752
Assessed Improvement Value$181,261
Assessment Year2025

About this property

This lovely Home sits on a well-manicured corner lot with two beautiful 7+ year old Shumard red Oak trees with a life expectancy of 100-200 years. This home boasts a kitchen with granite counters, 3 bedrooms, 2 bathrooms, a covered back porch and 7'X34' enclosed storage shed is on the side of the house. The plumbing pipes have been replaced with Pex Pipe.

Investor Tools

$0Estimated Mortgage Balance
$273,013Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,638 /month
Positive
Cash Flow Estimate:
$546 /month

Interested in this property?

CW Ross

Keller Williams Realty Southwest

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$114/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4
$273,013
2025
$91,752
$181,261
$273,013
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4
$273,013

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Credit Line (Revolving) / Heloc
$20,000
No
First
N/A
Feb 2007

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$273,013
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$375/mo
+$1,347/mo
7.6%

City: Houston

8323 E Ridge Drive | Property Details | No Agent List