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$319,900

15715 Mill Point Drive, Houston, TX, 77059

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths1,769 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.84 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Electric Range, Dishwasher
FlooringMarble, Tile

Exterior

Lot Size8,050 sqft

Building Information

Year Built1976
Stories1
Garage Spaces2

Land Information

APN1081940000016
Lot Number16
SubdivisionMiddlebrook
Land UseResidential
Legal DescriptionLT 16 BLK 50 MIDDLEBROOK SEC 2
Census Tract340302
Assessed Land Value$63,963
Assessed Improvement Value$242,550
Assessment Year2025

About this property

This Stunning 3 Bedroom, 2 Bath Brick Home with a 2 Car Garage on a Cul de sac street in the Middlebrook Neighborhood, has Upgrades Galore! Starting with Remodeled Bathrooms, Open Floor plan with a Fireplace, a Huge Driveway, a Generac Generator, an Enclosed and Air Conditioned Backyard Patio, a Developed Backyard, well maintained Flowerbeds in the front and backyards. The Owner has taken impeccable Care of this Home and kept up with the overall Maintenance. As you walk into this Beautiful Home, you are met with an Open Floor plan perfect for entertaining, an Elevated Dining Room, and a Kitchen that has Granite Countertops, a Plethora of cabinets and an Enormous Pantry! The Well Developed Backyard has Stone Pathways, Sidewalks, an outdoor Stone Patio, a Storage Shed and a Generac Generator. The Air Conditioned Patio is a Game Changer. Enjoy those Hot Summer Days, in your Cool Patio! Make an Appointment to see this Home before this one is Gone!

Investor Tools

$288,556Estimated Mortgage Balance
$17,957Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,919 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$133/month
$475/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$58
$306,513
2025
$63,963
$242,550
$306,513
No

Tax History

Year
Tax Paid
Assessed Value
2020
$58
$306,513

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$291,620
Yes
First
Oct 31, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,556
$17,957
5%
94%
$1,819/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$2,294/mo
+$286/mo
10.1%

Learn About the Market: Opportunity in Houston

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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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15715 Mill Point Drive | Property Details | No Agent List