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$257,000

1606 Stone Lake Dr, Missouri City, TX, 77489

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,338 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$109.92 / sqft
Year BuiltBuilt in 1976

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, Dishwasher

Exterior

Lot Size12,976 sqft

Building Information

Year Built1976
Stories1
Roof Type114
Garage Spaces2

Land Information

APN3850-01-006-5100-907
Lot Number51
SubdivisionHunters Glen Sec 1
Land UseResidential
Legal DescriptionHUNTERS GLEN SEC 1, BLOCK 6, LOT 51
Census Tract670500
Assessed Land Value$47,691
Assessed Improvement Value$189,692
Assessment Year2025

About this property

INVESTORS: Beautiful updated four-bedroom, two-bath home offers over 2,338 sq ft of comfortable living space with modern finishes throughout. The open layout is perfect for everyday Spacious Living Room great for Entertaining, Big Back Yard. Conveniently located near local schools, parks, shopping, and dining. Tenant Occupied, $1,795 monthly rent.

Investor Tools

$198,516Estimated Mortgage Balance
$42,484Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,542 /month
Positive
Cash Flow Estimate:
$514 /month

Interested in this property?

Delia Barajas

Landlords of Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$525/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,100
$237,383
2025
$47,691
$189,692
$237,383
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,100
$237,383

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$206,250
No
First
Apr 17, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,516
$42,484
17%
82%
$1,237/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,190/mo
$1,587/mo
+$603/mo
10.9%

City: Missouri City