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$228,000

16108 Seahorse Drive, Houston, TX, 77062

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,343 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$171.26 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Oven, Electric Cooktop, Free-Standing Range, Refrigerator, Washer/Dryer Stacked, Dishwasher, Washer/Dryer
FlooringCarpet, Laminate, Vinyl

Exterior

Exterior FeaturesBalcony

Building Information

Year Built1982
Garage Spaces1

Land Information

APN1154640080004
SubdivisionSeafarer T/H
Land UseResidential
Legal DescriptionTH 84 BLDG 1008 SEAFARER T/H
Census Tract340501
Assessed Land Value$50,450
Assessed Improvement Value$174,563
Assessment Year2025

About this property

Convenient, easy living with a MILLION-DOLLAR VIEW, this beautiful townhome is immediately adjacent to Exploration Green’s nearly 6 miles of walking/bike trails, lakes, and wildlife sanctuary. From the moment you step through the door you can feel that it has been lovingly cared for. Neutral colors, seamless flooring, and contemporary soft lighting make the living areas feel both spacious and cozy. Large picture windows allow for an abundance of natural light. Each bedroom has its own adjoining full bathroom and there’s an extra space that could serve as an office, library, or workout area. A covered patio overlooks your own private fenced yard, and a 2nd floor balcony looks out over tall pines and nesting egrets! One-car garage parking with extra parking available, water heater 2022, roof 2022, hardi-siding 2023. Minutes away from NASA, UHCL, Clear Lake HS, shopping & restaurants. A truly special place to call home!

Investor Tools

Property Icon
$228,000
Estimated Property Value
$0Estimated Mortgage Balance
$103,282Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$215/month
$308/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,438
$225,013
2025
$50,450
$174,563
$225,013
No

Tax History

Year
Tax Paid
Assessed Value
2020
$1,438
$225,013

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bay Equity Llc
Conventional
$130,000
No
First
Feb 23, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$124,718
$103,282
45%
55%
$780/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,088/mo
+$219/mo
6.9%

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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16108 Seahorse Drive | Property Details | No Agent List