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$221,852

16134 Limestone Lake Dr, Tomball, TX, 77377

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,496 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$160.36 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Oven, Oven, Microwave, Gas Range, Refrigerator, Dishwasher, Washer/Dryer
FlooringCarpet, Laminate, Tile

Exterior

Lot Size2,087 sqft

Building Information

Year Built2006
Garage Spaces1

Land Information

APN1274210050084
Lot Number84
SubdivisionLakewood Place
Land UseResidential
Legal DescriptionLT 84 BLK 5 LAKEWOOD PLACE
Census Tract554702
Assessed Land Value$41,760
Assessed Improvement Value$180,092
Assessment Year2025

About this property

Charming & well-maintained townhome in the gated community of Lakewood Place in Tomball backing up to the walking trail!! With 3 bedrooms, 2.5 baths & a full 1 car garage, this home has it all! You will love the gorgeous & open kitchen. The kitchen opens up to the breakfast room & family room, creating an easy flow throughout the downstairs. The breakfast room is perfect for those quick mornings. You will enjoy tons of natural light w/ all the extra windows & nice sliding doors to the backyard w/ NO upkeep due to the easily maintained artificial grass. The utility room is located upstairs where all the living is & powder room is conveniently located on the 1st floor. Upstairs you will find all 3 spacious bedrooms & 2 full bathrooms. You won't find carpet in the home except on the stairs. Adorable mock fireplace for ambiance purposes located in the family room. The HOA maintains the front yard and exterior of the building, including the roof.

Investor Tools

Property Icon
$221,852
Estimated Property Value
$160,000Estimated Mortgage Balance
$65,391Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,439 /month
Positive
Cash Flow Estimate:
$480 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$226/month
$358/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,608
$221,852
2025
$41,760
$180,092
$221,852
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,608
$221,852

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$160,000
No
First
Feb 27, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$156,461
$69,539
30%
71%
$960/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,210/mo
$1,318/mo
+$892/mo
12.0%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Tomball

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16134 Limestone Lake Dr | Property Details | No Agent List