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$420,400

For Sale - Active
110 Greenridge Cir, League City, TX 77573
4 Beds
3.5 Baths
3,036 Square Feet
0.00 Acres Lot
Built in 2000
For Sale - Active
Units n/a
Checked: 1 day ago
Updated: Jul 26, 2025 at 05:19AM

Investment Summary


Potential Missing Expenses

We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
-$21
Cap Rate
5.6%
Cash-on-Cash Return
-0.3%
Debt Coverage Ratio
0.99
Internal Rate of Return (5 years)
3.7%

Property Description


0.00 Acres Lot
Built in 2000
For Sale - Active
Units n/a

The home is situated in a quiet secluded subdivision in Clear Creek ISD. The entryway has high ceilings. The study features French doors for added privacy, ideal for those who work from home. The Family Room features a charming fireplace, providing warmth. The kitchen provides an ample amount of storage with the abundance of cabinetry and new white quartz countertops. It provides built-in double ovens and a microwave that vents to the outside. The master bedroom is downstairs, including high ceilings and a spacious private bathroom. Upstairs provides 3 bedrooms, 2 bathrooms, and a game room. This home has a spacious backyard and a gate that leads park. Option #1- The solar panels can stay with the house and the seller will pay the balance of the solar panels at closing at sellers expense. Buyer will be clear owner of solar panels. Option #2- Seller is willing to remove the solar panels and repair any roof damage if any at sellers expense.

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Location


Property Details


Parking

  • Description: Attached, Driveway, Garage
  • Details: Driveway, Attached
  • Garage Spaces: 2
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 4

Bathroom Information

  • # of Baths (Full): 3
  • # of Baths (Total): 3.5

Interior Features

  • # of Rooms: 11
  • # of Stories: 2
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Brick
  • Foundation: Slab
  • Roof Material: Composition

HOA

  • Has HOA: Yes
  • HOA Fee: $400/annually

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 370700020024000
  • Lot Size: 0 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Traditional
  • Year Built: 2000

Tax Information

  • Annual Tax: $0

Utilities

  • Water & Sewer: Public
  • Heating: Central, Natural Gas
  • Cooling: Ceiling Fan(s), Central Air

Location

  • County: Galveston

Listing Details


Listed by:
Adrian Castro
Realty United
(832) 830-6750

Source:
Houston Association of REALTORS
MLS#: 36194929
Houston Association of REALTORS

Investment Summary


Potential Missing Expenses

We noticed that property taxes are missing—this is a standard expense and should be considered in your estimate.

Monthly Cash Flow
-$21
Cap Rate
5.6%
Cash-on-Cash Return
-0.3%
Debt Coverage Ratio
0.99
Internal Rate of Return (5 years)
3.7%

Purchase Details

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Purchase price:
$420,400
Amount financed:
-$336,320
Down payment:
$84,080
Closing costs:
$12,612
Rehab costs:
$0
Initial cash invested:
$96,692
Square feet:
3,036
Cost per square foot:
$138
Monthly rent per square foot:
$0.96

Financing Details

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Loan amount:
$336,320
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
5.875%
Principal & interest:
$1,989
Property tax:
$0
Insurance:
$203
Private mortgage insurance (PMI):
$0
Monthly payment:
$2,192

Operating Income

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% Rent Monthly Yearly
Gross rent:
$2,900 $34,800
Vacancy loss: (6%)
6% -$174 -$2,088
Operating income:
$2,726 $32,712

Operating Expenses


% Rent Monthly Yearly
Property taxes: (n/a)
n/an/an/a
Insurance: (7%)
7%-$203-$2,436
Property management: (8%)
8%-$232-$2,784
Repairs & maintenance: (5%)
5%-$145-$1,740
Capital expenditures: (5%)
5%-$145-$1,740
HOA fees: (1%)
1%-$33-$396
Total operating expenses: (26%)
26%-$758-$9,096

Cash Flow


Monthly Yearly
Net operating income:
$1,968 $23,616
Mortgage payments:
-$1,989 -$23,868
Cash flow:
$21 $252