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Owner Contacts

$301,000

NAL Estimated Property Value

16006 Elmbank Dr, Houston, TX, 77095

Off Market

4 Beds

2 Bath

2,012 Sq Ft

Single Family Residence

$161.53 / sqft

Built in 1985

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Gas Range, Dishwasher

FlooringTile, Wood

Exterior

Lot Size7,327 sqft

Building Information

Year Built1985

Garage Spaces2

Land Information

APN1161180550015

Lot Number15

SubdivisionCopperfield Middlegate Village

Land UseResidential

Legal DescriptionLT 15 BLK 55 COPPERFIELD MIDDLEGATE VILLAGE SEC 3

Census Tract541100

Assessed Land Value$71,857

Assessed Improvement Value$210,161

Assessment Year2025

About this property

Charming one story home on a corner lot with 4 bedrooms and 2 full bathrooms. This home is perfect for entertaining with its open floor plan in the living spaces and the oversized covered patio out back. The den has a gaslog fireplace, high ceilings, ceiling fan and tile floors. There are Silestone counters with tile backsplash, eat-in breakfast bar, tile floors, double basin sink, SS appliances, gas range/oven and pantry in the kitchen. The spacious primary bedroom has high ceilings, a ceiling fan and tile floors. There are tile floors, tile counters, double sinks, jetted tub and separate standing shower in the primary bathroom. All secondary bedrooms are nice size with tile floors and one with wood floors. The second full bathroom has tile floors, double sinks and a tub+shower duo with tile surround. Out back you will find an extended stamped stone covered patio with ceiling fans and plenty of room for furniture. Home has never flooded. AC is 1 year old.

Investor Tools

$301,000

Estimated Property Value

$309,966Estimated Mortgage Balance

$0Estimated Equity

0% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

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Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,950 /month

Positive

Cash Flow Estimate:

$650 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$270/month

$710/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$1,737

$282,018

2025

$71,857

$210,161

$282,018

Tax History

Year

Tax Paid

Assessed Value

2024

$1,737

$282,018

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Velocio Mortgage Llc

Fha

$314,204

Yes

First

Jul 12, 2024

Aug 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$309,966

N/A

103%

$1,922/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,640/mo

$2,632/mo

+$8/mo

10.5%

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