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$316,420

NAL Estimated Property Value

116 & 118 Vista Way, Huntsville, TX, 77340

Off MarketInfo
CommercialInfo
Beds3 Beds
Baths3 Bath
Baths2,765 Sq Ft
Multi FamilyMulti Family
price_per_sqft$97.61 / sqft
Year BuiltBuilt in 2004

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
AppliancesRange, Microwave, Dishwasher, Refrigerator
FlooringCarpet, Laminate

Building Information

Year Built2004
Stories2

Land Information

APN47127
Lot Number1
SubdivisionRanch At Sam Houston
Land UseMultifamily Residential - Multi-Plex
Legal DescriptionRANCH AT SAM HOUSTON, BLOCK 1, LOT 1
Census Tract790700
Assessed Land Value$20,000
Assessed Improvement Value$296,420
Assessment Year2025

About this property

Wonderful INVESTMENT opportunity for students or non-students. Convenient to SHSU and other employment locations. This unit is located at the front of The Ranch on the left corner with no other unit to the immediate left side. Only 2 minutes from I-45 for quick access South to Houston or North to Madisonville and beyond. Each unit has 3 bedrooms/3 bathrooms with one bed/bath downstairs and others upstairs. Nice, open living/dining/kitchen area. Fenced backyard. Washer/Dryer included in each unit. Unit #116 is leased until June 2021. Unit #118 is leased until July 2021. Pictures are only visual representation of the unit. These units are currently occupied and were not specifically photographed.

Investor Tools

Property Icon
$316,420
Estimated Property Value
$182,800Estimated Mortgage Balance
$133,620Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,899 /month
Positive
Cash Flow Estimate:
$633 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$567/month
$870/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,228
$316,420
2025
$20,000
$296,420
$316,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,228
$316,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hometrust Mortgage Co
Conventional
$202,500
No
First
Apr 9, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,800
$133,620
42%
58%
$1,215/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Huntsville

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116 & 118 Vista Way | Property Details | No Agent List