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$565,000

1516 Dyer Lake Ln, Houston, TX, 77008

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,693 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$209.8 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Refrigerator Included, Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Laminate

Exterior

Exterior FeaturesSprinkler System
Lot Size2,400 sqft

Building Information

Year Built2014
Garage Spaces2

Land Information

APN1295910020010
Lot Number10
SubdivisionBeall Addition 15 1/2 Street Amend
Land UseResidential
Legal DescriptionLT 10 BLK 2 BEALL ADDITION 15 1/2 STREET AMEND
Census Tract511201
Assessed Land Value$131,890
Assessed Improvement Value$440,687
Assessment Year2025

About this property

Discover elevated living in this stunning 3-bedroom home nestled within a gated community, designed for effortless entertaining and everyday comfort. The open-concept first floor flows seamlessly from the chef’s kitchen—featuring stainless appliances and a large island with a breakfast bar—into the dining area and a living room centered by a gas log fireplace. Retreat to the private primary suite, a true sanctuary boasting a recently updated, spa-inspired bath with dual vanities, soaking tub, separate glass shower, and an expansive walk-in closet. The upper levels offer incredible versatility, including a 2nd floor game room and 3rd floor flex space with a half bath, ideal for a home office or guest suite. Outdoor living is a breeze with both a grilling deck & a rooftop terrace equipped with a built-in grill. Complete with an attached 2-car garage. Ideally located near the White Oak Bayou Greenway for easy access to hike/bike trails and walkable to nearby Heights restaurants and parks!

Investor Tools

$395,529Estimated Mortgage Balance
$322,471Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,308 /month
Positive
Cash Flow Estimate:
$1,436 /month

Interested in this property?

Caroline Schlemmer

Compass RE Texas, LLC - The Heights

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,012/month
$2,340/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,554
$572,577
2025
$131,890
$440,687
$572,577
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,554
$572,577

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Republic State Mortgage Co
Va
$485,238
Yes
First
Sep 14, 2017
Oct 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$395,529
$322,471
44%
55%
$2,910/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,230/mo
$5,250/mo
$-3,020/mo
3.7%

Learn About the Market: Opportunity in Houston

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Explore

Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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1516 Dyer Lake Ln | Property Details | No Agent List