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$215,000

NAL Estimated Property Value

16138 Indian Mill Drive, Houston, TX, 77082

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,424 Sq Ft
price_per_sqft$143.96 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Dishwasher

Exterior

Lot Size5,110 sqft

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APN1146690120069
SubdivisionWingate
Land UseResidential
Legal DescriptionTR 69 BLK 12 WINGATE SEC 2
Census Tract454302
Assessed Land Value$45,096
Assessed Improvement Value$152,258
Assessment Year2025

About this property

Welcome to 16138 Indian Mill Dr in the established Wingate neighborhood. This adorable 2 bed 2 bath home awaits new owner. The spacious living room is complete with brick fireplace and wood accent and mantle. Galley-style kitchen features stainless steel appliances and has plenty of cabinet and countertop space. Breakfast bar area for meals on the go and breakfast/dining area for sit-down meals. Primary retreat is HUGE with en suite bath complete with double sinks and tub/shower combo. Primary retreat is connected to addtional room that could serve as a home office, home gym or sitting room. Guest bedroom and bath with walk-in shower. Private fenced-in backyard with mature trees to provide shade. Needs a little TLC to make it shine, would make a great investment property. Quick access to Westpark/1093 and Hwy 6 for commutes in and around the metro area.

Investor Tools

Property Icon
$215,000
Estimated Property Value
$179,583Estimated Mortgage Balance
$35,417Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$195/month
$194/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,263
$197,354
2025
$45,096
$152,258
$197,354
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,263
$197,354

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$192,375
No
First
Oct 28, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,583
$35,417
16%
84%
$1,154/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,490/mo
$1,348/mo
+$142/mo
8.3%

City: Houston

16138 Indian Mill Drive | Property Details | No Agent List