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$271,446

16006 Sommerall Lake Ln, Houston, TX, 77084

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,566 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.68 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Microwave, Dishwasher

Exterior

Lot Size4,491 sqft

Building Information

Year Built2016
Garage Spaces1

Land Information

APN1368750010007
Lot Number7
Land UseResidential
Legal DescriptionLT 7 BLK 1 SOMMERALL PARK SEC 1
Census Tract541301
Assessed Land Value$62,861
Assessed Improvement Value$208,585
Assessment Year2025

About this property

This beautiful 3 bedroom, 2.5 bathroom home, has an open floor plan ideal for entertaining. Impressive kitchen features tall cabinets, granite countertops, tile backsplash, gas range, and an island breakfast bar. Fully repainted interior + new carpets on 1st floor! The first floor boasts a spectacularly large master suite with a large walk-in closet, also a private master bath with double sinks w/ vanity, garden tub, and separate glass shower. The second floor also has a charming loft ideal for a study or workspace, two additional spacious bedrooms with a second bathroom. THIS HOME IS A MUST SEE!!! Find convenience by living in Sommerall Park. Easy commute to several major highways, Energy Corridor and some of Houston’s greatest local shopping, entertainment, parks, and dog parks.

Investor Tools

Property Icon
$271,446
Estimated Property Value
$225,040Estimated Mortgage Balance
$65,554Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,629 /month
Positive
Cash Flow Estimate:
$543 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$246/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,593
$271,446
2025
$62,861
$208,585
$271,446
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,593
$271,446

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$225,040
No
First
Nov 5, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$205,892
$65,554
24%
76%
$1,350/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,900/mo
+$140/mo
9.0%

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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16006 Sommerall Lake Ln | Property Details | No Agent List