1Days on Market

4view

$250,000

15920 Seahorse Dr, Houston, TX, 77062

On Market

Just Added

2 Beds

2 Bath

1,472 Sq Ft

Condos / Townhouses

$169.84 / sqft

Built in 1982

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Refrigerator Included, Electric Oven, Oven, Microwave, Electric Range, Dryer, Refrigerator, Washer/Dryer Stacked, Washer, Dishwasher, Washer/Dryer

FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesBack Green Space, Balcony

Building Information

Year Built1982

Garage Spaces1

Land Information

APN1159110050008

SubdivisionSeafarer T/H Ph 3 U/R

Land UseResidential

Legal DescriptionUNIT 268 BLDG 1016 SEAFARER T/H PH 3 U/R

Census Tract340501

Assessed Land Value$50,450

Assessed Improvement Value$179,064

Assessment Year2025

About this property

This wonderful 2/2/1 townhome is located adjacent to Exploration Green, thus making it a highly desirable location...no back neighbors, just common space greenbelt and water views. In addition, it's central Clear Lake location allows it easy access to the Johnson Space Center/NASA, UH-Clear Lake, Baybrook Mall and everything Bay Area Blvd. July 2026 new vinyl plank flooring; May 2026 dishwasher, microwave, and oven/range; 2024 HVAC system and ductwork; 2023 energy efficient windows and sliding glass doors; granite counters, and a 2nd floor balcony that overlooks the green space and water. Refrigerator and stacked washer/dryer are included.

Investor Tools

$229,514

Estimated Property Value

$0Estimated Mortgage Balance

$229,514Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,500 /month

Positive

Cash Flow Estimate:

$500 /month

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Burke Purdie

Better Homes and Gardens Real Estate Gary Greene - Bay Area

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$375/month

$308/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$229,514

2025

$50,450

$179,064

$229,514

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$229,514

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$229,514

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,307/mo

$308/mo

+$999/mo

6.8%

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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