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$415,000

NAL Estimated Property Value

16122 Rainbow Lake Road, Houston, TX, 77095

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,476 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125.72 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesMicrowave, Dishwasher

Exterior

Lot Size9,013 sqft

Building Information

Year Built1987
Garage Spaces2

Land Information

APN1167470010012
Lot Number12
SubdivisionCopperfield Southdown Village
Land UseResidential
Legal DescriptionLT 12 BLK 1 COPPERFIELD SOUTHDOWN VILLAGE SEC 5
Census Tract541203
Assessed Land Value$81,910
Assessed Improvement Value$333,090
Assessment Year2025

About this property

Don’t miss this 4-bedroom, 3.5-bathroom Houston home now on the market. The spacious kitchen is equipped with stainless steel appliances, gorgeous wood cabinetry, and granite countertops. In the living room, enjoy a cozy fireplace and large windows with abundant natural lighting. The primary bedroom is luxurious with beautiful hardwood floors and an en-suite bathroom. Outside, enjoy a spacious patio and backyard perfect for entertaining or relaxing. Don’t wait to make this home yours! This home has been virtually staged to illustrate its potential.

Investor Tools

Property Icon
$415,000
Estimated Property Value
$354,543Estimated Mortgage Balance
$60,457Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,622 /month
Positive
Cash Flow Estimate:
$874 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$385/month
$645/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,546
$415,000
2025
$81,910
$333,090
$415,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,546
$415,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Legend Lending Corp
Conventional
$380,475
No
First
Sep 23, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,543
$60,457
14%
85%
$2,282/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$2,927/mo
$-287/mo
7.6%

City: Houston

16122 Rainbow Lake Road | Property Details | No Agent List