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$250,287

NAL Estimated Property Value

16119 Rapidcreek Dr, Houston, TX, 77053

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,042 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$122.43 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Electric Cooktop, Electric Range

Exterior

Lot Size6,900 sqft

Building Information

Year Built1972
Stories1
Roof Type105

Land Information

APN6250-03-009-1700-907
Lot Number17
SubdivisionRidgemont Sec 3
Land UseResidential
Legal DescriptionRIDGEMONT SEC 3, BLOCK 9, LOT 17
Census Tract670101
Assessed Land Value$31,200
Assessed Improvement Value$219,087
Assessment Year2025

About this property

Gorgeous updated home in excellent condition. Converted garage 19 x 15 could be a large bedroom, den or Gameroom. The property also has another large room 19 x12. Recently painted interior and exterior, brick and cement board siding. Contemporary vinyl plank floors. The property has a wonderful floor plan. The living room is open to the kitchen which has a spacious breakfast bar. Kitchen features granite countertops, stainless steel stove and refrigerator is included. Roof was replace 3 years ago. Updated Bathrooms with modern finishes. New ceiling fans, new doors and light fixtures. Foundation repair was performed 07/2021 lifetime transferable foundation warranty. Security System is included with camaras/tv. Additional features include large covered rear patio.

Investor Tools

Property Icon
$250,287
Estimated Property Value
$201,017Estimated Mortgage Balance
$49,270Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,502 /month
Positive
Cash Flow Estimate:
$501 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$272/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,011
$250,287
2025
$31,200
$219,087
$250,287
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,011
$250,287

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Vip Independent Mortgage Inc
Conventional
$204,000
No
First
Jul 11, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,017
$49,270
19%
80%
$1,224/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$1,474/mo
+$436/mo
9.2%

Learn About the Market: Opportunity in Houston

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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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16119 Rapidcreek Dr | Property Details | No Agent List