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Owner Contacts

$318,000

NAL Estimated Property Value

16015 Parksley Dr, Houston, TX, 77059

Off Market

4 Beds

2 Bath

2,033 Sq Ft

$161.23 / sqft

Built in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Microwave, Dishwasher

FlooringCarpet, Laminate

Exterior

Lot Size7,475 sqft

Building Information

Year Built1977

Stories1

Garage Spaces2

Land Information

APN1081820000021

Lot Number21

SubdivisionMiddlebrook

Land UseResidential

Legal DescriptionLT 21 BLK 27 MIDDLEBROOK SEC 2

Census Tract340302

Assessed Land Value$61,519

Assessed Improvement Value$252,722

Assessment Year2025

About this property

Pristine updated open concept home on lot with mature trees! Move-in ready*Spacious family room with brick accented Fireplace*Formal dining room*Fresh interior and exterior paint*kitchen has soft closing cabinets and drawers, granite counters, Farm sink, Stone backsplash, New stainless steel appliances*Large pantry*Extensive LVP flooring*New carpet in bedrooms*Primary bedroom has vaulted ceiling and walk-in closet*Primary bathroom has marble double sink vanity, wood grain tile floor, 5x4 walk-in shower with dual regular | rain shower heads and custom river rock*4th bedroom/flex room/game room/office*2" Blinds*Cement board*Swing garage*Roof replaced 2020*New breaker box and breakers*New hot water heater*PEX water lines in attic*AC exterior unit replaced in 2015*Easy access to the Clear Lake & Kemah recreational area, Galveston Island, Johnson Space Center, Local restaurants and Baybrook Mall.

Investor Tools

$318,000

Estimated Property Value

$289,645Estimated Mortgage Balance

$28,355Estimated Equity

7% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,967 /month

Positive

Cash Flow Estimate:

$656 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$342/month

$500/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,509

$314,241

2025

$61,519

$252,722

$314,241

Tax History

Year

Tax Paid

Assessed Value

2024

$2,509

$314,241

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Network Funding Lp

Conventional

$311,388

First

Aug 30, 2022

Sep 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$289,645

$24,596

91%

$1,867/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,580/mo

$2,367/mo

+$213/mo

9.7%

Learn About the Market: Opportunity in Houston

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