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$229,950

16122 Alta Mesa Dr, Houston, TX, 77083

PendingInfo
Beds4 Beds
Baths2 Bath
Baths1,925 Sq Ft
price_per_sqft$119.45 / sqft
Year BuiltBuilt in 1977

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
AppliancesDouble Oven, Gas Cooktop
FlooringCarpet, Laminate, Tile

Exterior

Lot Size10,855 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN1096100000021
Lot Number21
SubdivisionMission Bend
Land UseResidential
Legal DescriptionLT 21 & TR 22A BLK 9 MISSION BEND SEC 1
Census Tract454200
Assessed Land Value$59,084
Assessed Improvement Value$196,023
Assessment Year2025

About this property

Solidly built and well maintained, this home offers updated flooring, a roof approximately 6-7 years old, and an A/C approximately 3-4 years old. With mature trees, a spacious yard, and a functional floor plan, it's ready for a new owner to add their personal style. Some repairs are likely needed and have been reflected in the price - great opportunity to build equity. Located near shopping, restaurants, schools, and major commuter routes. Home is still being cleared out - please excuse any clutter.

Investor Tools

$245,659Estimated Mortgage Balance
$14,226Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,401
$255,107
2025
$59,084
$196,023
$255,107
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,401
$255,107

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Interlinc Mortgage Services Llc
Conventional
$264,100
No
First
Aug 23, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,659
$17,341
6%
95%
$1,584/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$2,084/mo
+$142/mo
10.3%

City: Houston

16122 Alta Mesa Dr | Property Details | No Agent List