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B+
NoAgentList RatingHow are grades calculated? Info

$261,000

15906 Timber Chase Dr, Houston, TX, 77082

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,704 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.06 / sqft
Year BuiltBuilt in 1998

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
AppliancesDisposal, Gas Oven, Microwave, Gas Range, Refrigerator, Dishwasher
FlooringLaminate, Tile

Exterior

Lot Size3,851 sqft

Building Information

Year Built1998
Garage Spaces2

Land Information

APN1185180020002
Lot Number2
SubdivisionTimbergate
Land UseResidential
Legal DescriptionLT 2 BLK 2 TIMBERGATE SEC 1 AMEND
Census Tract454302
Assessed Land Value$50,807
Assessed Improvement Value$188,955
Assessment Year2025

About this property

A classy two-story house located in a gated community of Timbergate with easy access to Westpark Tollway, Highway 6, I10 and major shopping centers. The property features a high ceiling with formal dining, a breakfast area and a warm spacious dining room. All floorings are laminate wood and tiles. Backyard has a huge covered patio perfect for family gatherings.

Investor Tools

Property Icon
$261,000
Estimated Property Value
$75,000Estimated Mortgage Balance
$202,234Estimated Equity
71% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,566 /month
Positive
Cash Flow Estimate:
$522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$267/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,897
$239,762
2025
$50,807
$188,955
$239,762
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,897
$239,762

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Open End Mortgage / Open End With Future Advance Clause
$75,000
No
First
Mar 24, 2016
Apr 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$58,766
$193,234
76%
23%
$450/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,960/mo
$450/mo
+$1,510/mo
9.0%

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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15906 Timber Chase Dr | Property Details | No Agent List