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$254,489

15506 Wildwood Lake Dr, Houston, TX, 77083

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,736 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$89 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Gas Range, Gas Oven
FlooringTile

Exterior

Lot Size5,790 sqft

Building Information

Year Built1984
Stories2
Roof Type105
Garage Spaces2

Land Information

APN5035-01-005-0130-907
Lot Number13
SubdivisionMission Glen Sec 1
Land UseResidential
Legal DescriptionMISSION GLEN SEC 1, BLOCK 5, LOT 13
Census Tract672500
Assessed Land Value$30,030
Assessed Improvement Value$224,459
Assessment Year2025

About this property

INVESTOR SPECIAL. GREAT FOR FLIPPING AND HOME OWNER. Submit Higest & best offer by Friday 6pm. Ceramic Tiles in living room, very spacious master bedroom Monthly lease also available. close to major Hwy major. Never flooded at all. Need Minor Rehab.

Investor Tools

Property Icon
$254,489
Estimated Property Value
$123,600Estimated Mortgage Balance
$148,355Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,527 /month
Positive
Cash Flow Estimate:
$509 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$441/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,018
$254,489
2025
$30,030
$224,459
$254,489
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,018
$254,489

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mr Iqbal Akhter Etal
Unknown
$123,600
No
First
Apr 23, 2019
May 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$106,134
$148,355
58%
42%
$742/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,092/mo
+$1,134/mo
10.5%

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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15506 Wildwood Lake Dr | Property Details | No Agent List