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5123 Ridgeway Dr, Houston, TX, 77033

$149,900

Home List Price

$1,780*

Closing Credit

3 Bedrooms
1 Full Bath
1,070 SqFt
$140/SqFt
House

Location

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5123 Ridgeway Dr, Houston$149,900

Buyer Closing Credits

$1,780*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, None
Year Built1955
HeatingCentral, Natural Gas
CoolingWindow Unit(s)
MLS #7613502
Lot Size0.14 Acres
StatusActive

About 5123 Ridgeway Dr

Don't miss this fantastic investment opportunity! This property, featuring 3 bedrooms, 1 bathroom, and a 6,160 sq. ft. lot, is located in a thriving area with plenty of new construction developments, including a duplex being built right across the street, enhancing its investment potential. On the market for the first time in over 28 years, this home presents a significant opportunity for potential buyers. Enjoy a prime location with a 5-minute drive to the 610 freeway, providing effortless commutes. It’s just a short 15-minute drive to the Medical Center, Hermann Park, NRG Stadium, Hobby Airport, and downtown Houston, making it incredibly convenient for accessing various parts of the city. The absence of HOA or MUD taxes, combined with low county taxes, ensures affordable and hassle-free living. With its amazing location, nearby new construction, and immense potential, this home is the perfect investment opportunity in a thriving area.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1955
  • Stories: 1
  • Living Area: 1,070 SqFt

Listing Office:

  • Office Name: Future Real Estate
  • Office Phone: (832) 714-2789
  • Listing Agent: Morad Fiki

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Driveway, None

Lot Features

Lot Information:

  • Lot: Subdivision
  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Sterling High School, Public Magnet Grades 9-12
  • Attucks Middle School, Public Magnet Grades 6-8
  • Bastian Elementary School, Public District Grades EE-5

Other

Directions Information:

  • Directions: From 610, Turn right onto Jutland Rd. Turn left onto Ridgeway Dr. House on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $149,900
  • Price Per SqFt: $140/SqFt

Tax Information:

  • Annual Amount: $1,266
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Houston, TX.

Med. Sold Price

$318.4K

Med. Price/SqFt

$165

Avg. Days On Market

37

# of Sold Homes

1871

5123 Ridgeway Dr vs Houston

52 DAYS ON ROCKET

+15 Days

$149,900

-$168.5K Less

$140/SqFt

-$26 Less

KEY TAKEAWAY

This property is $168.5K less than the Median Sold Price and $26/SqFt less than other homes in Houston, TX.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: HAR
  • MLS Number: #7613502

Listing Office:

  • Office Name: Future Real Estate
  • Office Phone: (832) 714-2789
  • Listing Agent: Morad Fiki

Broker ReciprocityDisclaimer: The MLS data is provided exclusively to Participants or Subscribers for display on their website solely for consumers’ personal, non-commercial use, that the MLS data may not be used for any purpose other than to display prospective properties consumers may be interested in purchasing or leasing. Information contained on the computer print-outs of the Multiple Listing Service (MLS) of the HOUSTON REALTORS® INFORMATION SERVICE (HRIS) is furnished by MLS Participants for dissemination to other MLS Participants, for their exclusive use, and should not be relied upon by Buyer/Tenant or any other person. There is no express or implied warranty by HRIS or MLS as to the accuracy of such information, which should be independently verified by Buyer/Tenant or such other person. MLS does not verify the information and disclaims any responsibility for its accuracy. Any estimate of value was prepared using automated processes and should not be considered a comparative market analysis (CMA) or appraisal. You may contact us to provide additional information and analysis for a more accurate estimate of the property's value. Digital images modified or enhanced to alter real property characteristics contain a visible and legible watermark across the bottom of the image “Image does not represent actual property as is”.

Copyright© 2024 Houston Realtors Information Service, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 10/1/2024, 2:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$1,266$77,154
2020$1,019$52,756
2018$852$33,690

History based on county public records data.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-417444
5
/10
  • Bastian Elementary School

  • 5051 Bellfort St

  • 0.33 miles

  • Public District Grades EE-5

Middle School

school-card-donut-417445
5
/10
  • Attucks Middle School

  • 4330 Bellfort St

  • 1.12 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-417446
2
/10
  • Sterling High School

  • 11625 Martindale Rd

  • 2.79 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,957. The majority of Houston, TX residents have income less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5123 Ridgeway Dr

What is the listing price of this property?

The listing price of 5123 Ridgeway Dr property is $149,900.

What type of property is this?

The property 5123 Ridgeway Dr is a house located in Houston, Texas, 77033.

Is this property for sale now?

Active Listing: 5123 Ridgeway Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5123 Ridgeway Dr are:
Bastian Elementary School: GreatSchools Rating 5/10
Attucks Middle School: GreatSchools Rating 5/10
Sterling High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $1,266 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 5123 Ridgeway Dr has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5123 Ridgeway Dr is 1,070 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5123 Ridgeway Dr is 1955.

Rocket HomesTexasHarris CountyHouston770335123 Ridgeway Dr

This home is located at 5123 Ridgeway Dr in Houston, TX and zip code 77033 in the South Park neighborhood. This 1,070 square foot home, which was built in 1955, sits on a 0.14 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 10, 2024 and is currently priced at $149,900.

In August 2024, from all listings sold in Houston, TX there were more than 288 sold above asking price, over 1171 sold below and more than 412 were sold right at the asked price. The number of homes for sale in Houston, TX increased by 18.6% between July 2024 and August 2024. While the average time on the market in August 2024 was 37 days, the median list price was $318,423.

From Rocket Homes Real Estate and based on county public records data.

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