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$208,258

NAL Estimated Property Value

8351 E Ridge Dr, Houston, TX, 77040

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,416 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.2 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Range, Refrigerator, Dishwasher
FlooringBamboo, Tile

Exterior

Lot Size4,713 sqft

Building Information

Year Built1983
Stories2
Garage Spaces2

Land Information

APN1147260030040
Lot Number41
SubdivisionCourtyard Homes 3
Land UseResidential
Legal DescriptionTRS 40A & 41A BLK 3 N PT LT 41 COURTYARD HOMES 3 SEC 1
Census Tract532503
Assessed Land Value$47,509
Assessed Improvement Value$160,749
Assessment Year2025

About this property

Look at this beautiful home! Move in READY , Home features an open concept ,a cozy fireplace and tile flooring in all first floor . A spacious primary bedroom with bamboo floors and updated bathroom . you can tell pride of ownership trough out the house with many upgrades . Spacious secondary rooms with no carpet . Curtains stay , and refrigerator. TWO Car garage , fresh painted inside garage . what else can you ask for your gatherings ? in this enclosed PATIO ! With window unit a/c , lights . and bar table . large backyard for kids to play and Plus an storage

Investor Tools

Property Icon
$208,258
Estimated Property Value
$30,039Estimated Mortgage Balance
$178,219Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,250 /month
Positive
Cash Flow Estimate:
$417 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$193/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,276
$208,258
2025
$47,509
$160,749
$208,258
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,276
$208,258

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Secure Mortgage Co
N/A
$86,900
N/A
First
Apr 29, 2003
May 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$30,039
$186,961
86%
14%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
9.9%

City: Houston

8351 E Ridge Dr | Property Details | No Agent List