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$279,109

15327 Rio Plaza Drive, Houston, TX, 77083

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,082 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.13 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Exterior

Private PoolPrivate Pool
Lot Size8,398 sqft

Building Information

Year Built1981
Stories2
Garage Spaces2

Land Information

APN1146950130038
Lot Number38
SubdivisionMission Bend
Land UseResidential
Legal DescriptionLT 38 BLK 13 MISSION BEND SEC 11
Census Tract454100
Assessed Land Value$61,200
Assessed Improvement Value$217,909
Assessment Year2025

About this property

This beautiful property is the perfect place to call home! With fresh interior paint and partial flooring replacement in some areas, the home is ready for you to move in. A natural color palette throughout creates a warm and inviting atmosphere. The living room features a cozy fireplace for those chilly nights. The kitchen has a nice backsplash and good under sink storage in the primary bathroom. There are other rooms for flexible living space, and the primary bathroom has double sinks. Outside, the fenced in backyard is a great place to relax. There is a private in ground pool, a sitting area, and plenty of green space. This property has it all and is sure to go fast! Don't miss out on this great opportunity! This home has been virtually staged to illustrate its potential.

Investor Tools

Property Icon
$279,109
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$269/month
$220/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,836
$279,109
2025
$61,200
$217,909
$279,109
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,836
$279,109

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Village Capital & Investment Llc
Fha
$288,460
Yes
First
Jun 30, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,812
N/A
0%
102%
$1,730/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,950/mo
+$276/mo
9.6%

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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15327 Rio Plaza Drive | Property Details | No Agent List