Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$242,717

NAL Estimated Property Value

16115 Spinnaker Dr, Crosby, TX, 77532

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,878 Sq Ft
price_per_sqft$122.47 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Electric Cooktop, Dishwasher
FlooringTile

Exterior

Lot Size10,402 sqft

Building Information

Year Built1975
Stories1
Garage Spaces2

Land Information

APN1053140000010
Lot Number10
SubdivisionNewport
Land UseResidential
Legal DescriptionLT 10 BLK 3 NEWPORT SEC 1
Census Tract251902
Assessed Land Value$52,052
Assessed Improvement Value$190,665
Assessment Year2025

About this property

Motivated seller! This NEWLY renovated dream home, on an oversized Texas-sized lot, is ready to impress. Showcasing a BRAND NEW: fence, floors & paint for a modern & fresh appeal. Step inside to discover a beautiful layout, filled w/ natural light from abundant windows, soaring ceilings & wood-look tile floors. The formal dining/den flows seamlessly into an enormous living room w/ a large fireplace. The spacious kitchen boasts BRAND NEW SS appliances, ample storage & charming bay window breakfast nook. A half bath & versatile space, perfect for a craft/workout room, add to the charm. 2 stunning bedrooms w/ soaring ceilings offer the potential for lavish owner sanctuary, while a 3rd bedroom features a large closet. The backyard is an incredible blank canvas, ready for you to create your dream oasis for unforgettable entertainment. Enjoy access to a country club, duck pond, community pool & tennis courts, plus all of Crosby's shops, dining & access to Lake Houston. Don't miss out!

Investor Tools

Property Icon
$242,717
Estimated Property Value
$217,981Estimated Mortgage Balance
$24,736Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,456 /month
Positive
Cash Flow Estimate:
$485 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$222/month
$55/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,449
$242,717
2025
$52,052
$190,665
$242,717
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,449
$242,717

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$224,664
Yes
First
Sep 26, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,981
$28,019
11%
90%
$1,347/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,402/mo
+$320/mo
8.5%

City: Crosby

16115 Spinnaker Dr | Property Details | No Agent List