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$268,704

NAL Estimated Property Value

16038 Spinnaker Dr, Crosby, TX, 77532

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,106 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.7 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Lot Size9,840 sqft

Building Information

Year Built1978
Stories1
Garage Spaces2

Land Information

APN1053330000007
Lot Number7
SubdivisionNewport
Land UseResidential
Legal DescriptionLT 7 & TR 8A BLK 22 NEWPORT SEC 1
Census Tract251902
Assessed Land Value$51,745
Assessed Improvement Value$216,959
Assessment Year2025

About this property

Gorgeous 4-bedroom, 2-bathroom home with a detached garage. This home features a new roof, new stainless steel appliances, and granite countertops. Enjoy all new fixtures, new carpet, and luxury vinyl plank throughout. Fresh paint in every room and exterior. Updated electrical panel and outlets. The spacious living room with a cathedral ceiling and a cozy fireplace. A/C and double pane windows were replaced in 2018. Water heater replaced in 2023. Outside, you'll find a new concrete walkway and driveway, new outdoor lighting, and fresh landscaping. Don't Miss Out On This One!!

Investor Tools

Property Icon
$268,704
Estimated Property Value
$164,682Estimated Mortgage Balance
$104,022Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$245/month
$55/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,597
$268,704
2025
$51,745
$216,959
$268,704
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,597
$268,704

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$170,000
No
First
Aug 23, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,682
$104,022
38%
61%
$1,020/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,075/mo
+$1,151/mo
9.9%

City: Crosby

16038 Spinnaker Dr | Property Details | No Agent List