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$299,900

16011 Mersmann Ridge Lane, Hockley, TX, 77447

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,874 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.03 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

BankruptcyAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesWater Heater, Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesSprinkler System
Lot Size6,138 sqft

Building Information

Year Built2022
Garage Spaces2

Land Information

APN1453340030017
Lot Number17
Land UseResidential
Legal DescriptionLT 17 BLK 3 STONE CREEK RANCH SEC 12
Census Tract543005
Assessed Land Value$62,547
Assessed Improvement Value$231,453
Assessment Year2025

About this property

Welcome to 16011 Mersmann Ridge Lane, a beautifully maintained single-story home in the sought-after Stone Creek Ranch community. Built in 2022, this 4-bedroom, 2-bath home offers a functional open-concept floor plan designed for modern living. The spacious kitchen features granite countertops, stainless steel appliances, ample cabinet space, and a large island overlooking the family room, making it perfect for entertaining. The private primary suite provides a relaxing retreat with a walk-in closet and ensuite bath. Enjoy durable luxury vinyl plank flooring in the main living areas, abundant natural light, and a fully fenced backyard with room to relax or play. Residents of Stone Creek Ranch enjoy access to community amenities including a pool, playgrounds, walking trails, and clubhouse. Conveniently located near Hwy 290 with easy access to Cypress, Tomball, shopping, dining, and major employers. Move-in ready and waiting for its next owner!

Investor Tools

$226,921Estimated Mortgage Balance
$67,079Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

Interested in this property?

Nhi Nguyen

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$292/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,040
$294,000
2025
$62,547
$231,453
$294,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,040
$294,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
An Bich Vu Dang
Balloon
$235,000
No
First
Jul 23, 2024
Aug 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,921
$67,079
22%
77%
$1,409/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,500/mo
$2,359/mo
+$141/mo
10.2%

City: Hockley