B+

NoAgentList RatingHow are grades calculated?

1view

$406,000

15918 Mesa Verde Dr, Houston, TX, 77059

Off Market

4 Beds

3 Bath

2,846 Sq Ft

Single Family Residence

$140.2 / sqft

Built in 1980

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesElectric Cooktop, Dryer, Refrigerator, Washer, Cooktop

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesBalcony

Lot Size10,441 sqft

Building Information

Year Built1980

Garage Spaces2

Land Information

APN1092540000028

Lot Number28

SubdivisionBrook Forest

Land UseResidential

Legal DescriptionLT 28 BLK 74 BROOK FOREST SEC 3

Census Tract340302

Assessed Land Value$78,370

Assessed Improvement Value$303,436

Assessment Year2025

About this property

Welcome Home! This beautifully maintained and updated Kustom Kastle home is a MUST SEE! This unique property features include a large great room with a vaulted wood ceiling, custom stone wet bar and built ins with cozy fire place. A formal dining room, breakfast area and updated kitchen make it perfect for entertaining. Downstairs you'll find a primary bedroom with ensuite bathroom, office/study with a closet- could make a secondary downstairs bedroom with its own full bath! Upstairs includes 2 additional bedrooms, full bathroom and large game room could easily be bedroom #5.This home boasts ample outdoor living space, upstairs balcony with spiral stairs, covered patio, lush landscape, garden and plumbed greenhouse! CCISD Schools, walking distance to tennis courts and parks! NEW ROOF 2021, UPDATED PLUMBING 2016, NEW AC 2023! Check attachments for full list of updates!

Investor Tools

$406,000

Estimated Property Value

$328,000Estimated Mortgage Balance

$0Estimated Equity

19% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,436 /month

Positive

Cash Flow Estimate:

$812 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$449/month

$530/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,362

$381,806

2025

$78,370

$303,436

$381,806

Tax History

Year

Tax Paid

Assessed Value

2024

$3,362

$381,806

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Bank Of America Na

Credit Line (Revolving) / Heloc

$100,000

First

Sep 23, 2023

Sep 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$420,766

N/A

104%

$2,567/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$3,097/mo

$-517/mo

7.6%

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.

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