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$300,000

NAL Estimated Property Value

16023 Cavendish Dr, Houston, TX, 77059

SoldInfo
7/10/26
Beds3 Beds
Baths2 Bath
Baths1,649 Sq Ft
price_per_sqft$181.87 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Double Oven, Microwave, Electric Range, Dishwasher
FlooringVinyl

Exterior

Lot Size7,606 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN1081850000016
Lot Number16
SubdivisionMiddlebrook
Land UseResidential
Legal DescriptionLT 16 BLK 30 MIDDLEBROOK SEC 2
Census Tract340302
Assessed Land Value$62,071
Assessed Improvement Value$196,924
Assessment Year2025

About this property

This beautifully updated 3-bedroom, 2-bath home offers modern upgrades & is move-in-ready. Enjoy brand-new luxury vinyl plank flooring, fresh interior paint, updated light fixtures, & stunning granite countertops. Major system updates provide peace of mind, including PEX plumbing, new electrical panel, brand-new water heater, & A/C system that is 2 years old. The spacious kitchen flows seamlessly into the living & dining areas, creating a comfortable layout for everyday living & entertaining. Both bathrooms have been tastefully updated with modern finishes. The oversized laundry room offers excellent storage & includes space & hookups for an additional refrigerator. Step outside to a large backyard with plenty of room for kids, pets, gardening, or future outdoor entertaining. Conveniently located near shopping, dining, parks, & top-rated Clear Lake area amenities. Per seller: property has never flooded. This home is ready for its next owner to enjoy, schedule your tour today!

Investor Tools

Property Icon
$300,000
Estimated Property Value
$0Estimated Mortgage Balance
$300,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$343/month
$515/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,620
$258,995
2025
$62,071
$196,924
$258,995
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,620
$258,995

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$273,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,580/mo
$515/mo
+$2,065/mo
10.3%

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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16023 Cavendish Dr | Property Details | No Agent List