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$261,000

NAL Estimated Property Value

16034 Raywood Drive, Channelview, TX, 77530

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,620 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$107.41 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size10,507 sqft

Building Information

Year Built1989
Garage Spaces4

Land Information

APN0680870000234
SubdivisionOld River Acres
Land UseResidential
Legal DescriptionTR 47C OLD RIVER ACRES SEC 1
Census Tract252601
Assessed Land Value$57,783
Assessed Improvement Value$98,128
Assessment Year2025

About this property

Possibilities are endless with this property! This 1620 sqft home currently serves as a single bedroom home with mixed-use for the multiple remaining rooms but has the potential to be a 3-Bedroom home easily. The home also has three access points into three separate sections of the home; this allows someone the potential to convert the home into a 2-unit, possibly 3-unit, income-producing property! The property also provides plenty of concrete space for parking, even up to 4 covered parking spaces. And you can never have enough storage; while the home offers plenty of interior storage throughout, also conveying are three large storage sheds that are in great condition. Two of the three are much newer, and could even be built out into office space, or make a great "She Shed"/ "Man Cave"! Lastly, don't overlook the new HVAC system; will most definitely come in handy with this Texas heat! Don't miss your opportunity to jump on this great property!

Investor Tools

Property Icon
$261,000
Estimated Property Value
$156,167Estimated Mortgage Balance
$104,833Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,566 /month
Positive
Cash Flow Estimate:
$522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,067
$155,911
2025
$57,783
$98,128
$155,911
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,067
$155,911

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interlinc Mortgage Services Llc
Fha
$168,192
Yes
First
Jul 29, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,167
$104,833
40%
60%
$1,009/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,009/mo
+$713/mo
7.9%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Channelview

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16034 Raywood Drive | Property Details | No Agent List