$368,416
NAL Estimated Property Value16015 Leigh Canyon Dr, Friendswood, TX, 77546
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal, Gas Oven, Gas Cooktop, Dishwasher
FlooringTile
Exterior
Lot Size6,713 sqft
Building Information
Year Built1991
Garage Spaces2
Land Information
APN1171490050043
Lot Number43
SubdivisionHeritage Park
Land UseResidential
Legal DescriptionLT 43 BLK 5 HERITAGE PARK SEC 15
Census Tract350604
Assessed Land Value$60,241
Assessed Improvement Value$308,175
Assessment Year2025
About this property
HOUSE HAS A BEAUTIFUL POOL AND A BEAUTIFUL INTERIOR . OWNER HAS SPENT MORE THAT $70,000 IN REPAIRS AND RENOVATIONS DURING 12 years of OWNERSHIP. Therefore house is sold AS-IS. PLEASE SEE THE ATTACHED LIST OF REPAIRS.
Investor Tools
$368,416
Estimated Property Value
$222,108Estimated Mortgage Balance
$146,308Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,210 /month
Positive
Cash Flow Estimate:
$737 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$328/month
$350/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,098
$368,416
2025
$60,241
$308,175
$368,416
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,098
$368,416
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Haitham Baqdounes
Purchase Money Mortgage
$250,000
No
First
Aug 28, 2020
Sep 2025
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,108
$146,308
39%
60%
$1,499/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,780/mo
$1,849/mo
+$931/mo
9.1%
