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$269,000

1615 Newcomb Way, Houston, TX, 77058

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,558 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.66 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Oven, Electric Cooktop, Dishwasher
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size5,401 sqft

Building Information

Year Built1982
Stories1
Garage Spaces2

Land Information

APN1105760000148
Lot Number148
SubdivisionUniversity Green
Land UseResidential
Legal DescriptionLT 148 UNIVERSITY GREEN SEC 3
Census Tract341303
Assessed Land Value$69,300
Assessed Improvement Value$187,800
Assessment Year2025

About this property

Welcome to this well-maintained one-story patio home in the desirable University Green community! This charming home offers 2 generously sized bedrooms, 2 full bathrooms, and a versatile flex room that can be used as a home office, study, formal dining room, or even converted to an additional bedroom. The spacious living room features a vaulted ceiling and a sliding glass door that fills the space with natural lighting and opens to the covered patio. Recent updates include a brand-new roof, fresh interior paint, and new carpet. Tucked away on a cul-de-sac, you'll enjoy added privacy while being just steps from the neighborhood pool. Don’t miss this and schedule for a private showing today!

Investor Tools

$0Estimated Mortgage Balance
$257,100Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month

Interested in this property?

Casey Khoo

Keller Williams Realty Clear Lake / NASA

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$420/month
$850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$257,100
2025
$69,300
$187,800
$257,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$257,100

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jsc Fcu
Credit Line (Revolving) / Heloc
$15,000
No
First
N/A
Jun 2002

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$257,100
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,940/mo
$850/mo
+$1,090/mo
9.1%

Learn About the Market: Opportunity in Houston

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Explore

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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1615 Newcomb Way | Property Details | No Agent List