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$290,000

16 Stiles St, Houston, TX, 77011

$294,749 ARVInfo
On MarketInfo
Just AddedInfo
Beds5 Beds
Baths3 Bath
Baths2,404 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$120.63 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
AppliancesFree-Standing Range, Oven

Exterior

Lot Size6,752 sqft

Building Information

Year Built1938
Garage Spaces1

Land Information

APN0280400000008
Lot Number8
SubdivisionOak Lawn
Land UseResidential
Legal DescriptionLT 8 BLK 45 OAK LAWN
Census Tract310500
Assessed Land Value$176,250
Assessed Improvement Value$165,732
Assessment Year2025

About this property

Fantastic investment opportunity in this 3 bedroom, 2 bathroom home with a living room and dining room. Additionally, there is a garage apartment with a kitchenette, 1 bath, and a bedroom living area that needs some work. This property offers the potential to live in one home while earning rental income from the other. Just minutes away from downtown, this property is perfect for someone looking to capitalize on both living space and rental opportunities.

Investor Tools

$2,006Estimated Mortgage Balance
$427,191Estimated Equity
99% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$294,749
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,574 /month
Positive
Cash Flow Estimate:
$858 /month

Interested in this property?

Ruth Longoria

Ruth Longoria, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$411/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,793
$341,982
2025
$176,250
$165,732
$341,982
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,793
$341,982

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Principal Residential Mtg Inc
N/A
$42,789
N/A
First
Mar 3, 1997
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,006
$357,994
99%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
N/A
+$1,722/mo
4.8%

City: Houston

16 Stiles St | Property Details | No Agent List