$228,279
NAL Estimated Property Value16106 Bowridge Ln, Houston, TX, 77053
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerMove-In Ready
Highlights
Interior
AppliancesDisposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringTile, Vinyl
Exterior
Lot Size6,533 sqft
Building Information
Year Built1983
Stories1
Roof Type105
Garage Spaces2
Land Information
APN6200-03-018-0260-907
Lot Number26
SubdivisionRidgegate S/D Sec 3
Land UseResidential
Legal DescriptionRIDGEGATE S/D SEC 3, BLOCK 18, LOT 26
Census Tract670202
Assessed Land Value$31,200
Assessed Improvement Value$197,079
Assessment Year2025
About this property
Gorgeous move in ready home located in Ridgegate. Complete with brand new floors, new paint and tiled bathroom. Brand new appliance package with fridge. Fully fenced backyard perfect for your furry companions. Very functional layout, ready for a new owner.
Investor Tools
$228,279
Estimated Property Value
$190,005Estimated Mortgage Balance
$38,274Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,370 /month
Positive
Cash Flow Estimate:
$457 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$237/month
$185/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,704
$228,279
2025
$31,200
$197,079
$228,279
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,704
$228,279
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sente Mortgage Inc
Conventional
$201,760
No
First
Mar 7, 2023
Apr 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,005
$38,274
16%
83%
$1,210/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$1,395/mo
+$515/mo
10.0%
