Back 5123 Ridgeway Drive
Off Market

5123 Ridgeway Drive

Houston TX 77033

3
1
1
1070 sq. ft.
6159.38 sq. ft.
Single-Family
Morad FikiMorad Fiki, last sold this property on 22 October 2024 after 73 days on market.

Overview

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.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
1070 sq. ft. floor area
6159.38 sq. ft. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Houston over the last 12 months, the estimated median property value of 5123 Ridgeway Drive is $165k.

Median value
$165k
Estimated value range
$90k - $235k
Median days on market
28
Estimated value trend
-7%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Houston. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5123 Ridgeway Drive

2025
Rented
Undisclosed
01 Feb 2025
2024
Sold
Undisclosed
22 Oct 2024 by Morad Fiki, of Future Real Estate

Happy sellers in Houston

88%
88% of sellers in Houston reported that their sale price either exceeded or met their price expectations.

Houston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Houston over the last 12 months.

Local market activity for 3 bedroom single-family properties in Houston

In the last 12 months, 107 three-bedroom single-family properties similar to 5123 Ridgeway Drive, have been sold.

This represents a 29% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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