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$3,068,000

NAL Estimated Property Value

16 Tiel Way, Houston, TX, 77019

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,492 Sq Ft
price_per_sqft$377.34 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Ice Maker, Double Oven, Microwave, Gas Cooktop, Dishwasher, Refrigerator, Cooktop
FlooringCarpet, Concrete, Marble, Stone, Wood

Exterior

Exterior FeaturesBalcony
Lot Size6,913 sqft

Building Information

Year Built1987
Garage Spaces2

Land Information

APN0601590560016
SubdivisionRiver Oaks
Land UseResidential
Legal DescriptionTR 15A BLK 56 RIVER OAKS SEC 12
Census Tract411200
Assessed Land Value$518,625
Assessed Improvement Value$812,078
Assessment Year2025

About this property

River Oaks is the crown jewel of real estate in Houston and its distinction as Houston's premier address has been meticulously cultivated and rigorously protected by strong ordinances and deed restrictions to retain its legendary status as a cultural treasure. This elegant River Oaks home of traditional architecture with impeccable quality and classic details, was built in 1987. It features approximately 4492 square feet on 3 elevator accessible floors plus a finished 4th floor work out room. With 4 bedrooms, 3 full baths and a main floor powder room, its light filled and elegant interiors offer a pleasing blend of formal and informal spaces, large entertainment spaces and beautiful lushly planted grounds overlooking Buffalo Bayou.

Investor Tools

Property Icon
$3,068,000
Estimated Property Value
$1,189,382Estimated Mortgage Balance
$1,878,618Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$18,408 /month
Positive
Cash Flow Estimate:
$6,136 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$3,017/month
$2,162/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$20,865
$1,330,703
2025
$518,625
$812,078
$1,330,703
No

Tax History

Year
Tax Paid
Assessed Value
2024
$20,865
$1,330,703

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$1,300,000
No
First
Nov 16, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,189,382
$1,403,618
54%
39%
$7,795/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$9,957/mo
$-6,617/mo
1.3%

City: Houston

16 Tiel Way | Property Details | No Agent List