B+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$252,000

NAL Estimated Property Value

1516 Kew Garden Dr, Houston, TX, 77047

Off Market

4 Beds

3 Bath

1,772 Sq Ft

Single Family Residence

$146.16 / sqft

Built in 2004

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher

FlooringCarpet, Concrete, Vinyl

Exterior

Lot Size3,524 sqft

Building Information

Year Built2004

Garage Spaces2

Land Information

APN1246170010032

Lot Number32

SubdivisionCity Park Amend

Land UseResidential

Legal DescriptionLT 32 BLK 1 CITY PARK SEC 1 AMEND

Census Tract330901

Assessed Land Value$35,843

Assessed Improvement Value$200,444

Assessment Year2025

About this property

Beautifully renovated move-in ready home! This 4 bed, 2.5 bath home has been transformed top to bottom. Lots of natural light. Brand new carpet from stairs up to entire second floor. Great use of space and large bedroom sizes. Window treatments throughout, new ceiling fans and lighting. Kitchen and bathroom have new granite countertops, new kitchen backsplash, brushed nickel hardware, painted cabinets. Plenty of backyard space for gardening or lounging. New A/C in 2021, roof in 2017, hot water heater 2016. Great location just off 288 and W. Orem. Easy access to Medical Center, Galleria and downtown. This home has been reinvigorated with fresh touches for a contemporary feel. It's ready for its next homeowner!

Investor Tools

$252,000

Estimated Property Value

$242,768Estimated Mortgage Balance

$9,232Estimated Equity

6% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,554 /month

Positive

Cash Flow Estimate:

$518 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$363/month

$735/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,094

$236,287

2025

$35,843

$200,444

$236,287

Tax History

Year

Tax Paid

Assessed Value

2024

$3,094

$236,287

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Rocket Mortgage Llc

Conventional

$254,308

First

Nov 10, 2023

Dec 2048

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$242,768

$16,232

96%

$1,525/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,590/mo

$2,260/mo

+$330/mo

12.3%

Learn About the Market: Opportunity in Houston

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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.

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