Ranch home in Houston, TX
This 2,101-square-foot Ranch home in Houston, TX includes 4 bedrooms and 2 bathrooms. Its Ranch character defines the property's look.
| Price | $259,000 |
|---|
| Beds | 4 |
|---|
| Baths | 2 |
|---|
| Sqft | 2101 |
|---|
| Architectural style | Ranch (33% match) |
|---|
| Address | 902 Old Mill Ln, Houston, TX 77073 |
|---|
Why buy this home
- Confirmed Ranch architecture, matched from the listing photos by Enzo's vision model.
- Links directly to the original source listing on Trulia.
Is this a good buy?
Priced a little under the area.
- At $259K, this home is 4% below the $269K median for 1138 similar Ranch homes in Houston, TX.
- That works out to $123 per square foot, 25% below the $163 comparable rate.
- On the market 11 days.
| This home | $259,000 |
|---|
| Ranch median in Houston, TX | $269,000 (1138 homes) |
|---|
| Price per sq ft | $123 vs. $163 comps median |
|---|
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $1,877/month with 20% down at a 7.28% 30-year fixed rate. You would need about $80,461 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $1,418/mo |
|---|
| Property tax (new-buyer reassessed rate) | $363/mo |
|---|
| Homeowners insurance | $97/mo |
|---|
| Total monthly | $1,877/mo |
|---|
| Down payment (20%) | $51,800 |
|---|
| Income needed | $80,461/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home C+ (64 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | C+ (64/100) |
|---|
| Beats renting in | 14% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $127,287 |
|---|
| Range (10th to 90th pct) | $77,146 to $188,578 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Houston, TX where local data is thin.
Local home values
Typical home values in Houston, TX have risen about 12% over the past 5 years (-2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Trulia