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$480,000

16 Elderwood Dr, Houston, TX, 77058

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,843 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$168.84 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Wine Refrigerator, Double Oven, Electric Oven, Microwave, Gas Cooktop, Refrigerator, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Lot Size1,960 sqft

Building Information

Year Built2008
Garage Spaces2

Land Information

APN1266190010010
Lot Number10
SubdivisionArmandwilde T/H
Land UseResidential
Legal DescriptionLT 10 BLK 1 ARMANDWILDE T/H
Census Tract341304
Assessed Land Value$75,711
Assessed Improvement Value$323,550
Assessment Year2025

About this property

Experience sophisticated, low-maintenance living in this Mediterranean-style, three-story townhome located within a gated community. An elevator provides convenient access to all three levels. The first floor offers two private secondary bedrooms, each with its own en-suite bath—ideal for guests or family. The main living level features a spacious open-concept design with abundant natural light, wood flooring, a formal dining area, and an additional living or media space. The chef-inspired kitchen showcases an oversized island with seating, granite countertops, extensive cabinetry, stainless steel appliances, a gas cooktop, double ovens, wine refrigerator, designer backsplash, and walk-in pantry. The third-floor primary suite provides a private retreat complete with an en-suite bath and a separate office. Additional highlights include plantation shutters, generous storage, and an attached two-car garage. Style, privacy, and convenience come together in this exceptional home.

Investor Tools

Property Icon
$440,000
Estimated Property Value
$184,147Estimated Mortgage Balance
$260,766Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,880 /month
Positive
Cash Flow Estimate:
$960 /month

Interested in this property?

Monica Foster

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$286/month
$2,500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,232
$399,261
2025
$75,711
$323,550
$399,261
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,232
$399,261

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$184,147
No
First
Jan 31, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,234
$260,766
59%
41%
$1,105/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$3,605/mo
$-1,665/mo
5.3%

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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16 Elderwood Dr | Property Details | No Agent List