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$185,000

NAL Estimated Property Value

1615 Rainy River Dr, Houston, TX, 77088

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,470 Sq Ft
price_per_sqft$1.02 / sqft
Year BuiltBuilt in 1967

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringCarpet, Laminate

Exterior

Lot Size6,447 sqft

Building Information

Year Built1967
Stories1
Garage Spaces2

Land Information

APN1003950000010
Lot Number10
SubdivisionWillow Run
Land UseResidential
Legal DescriptionLT 10 BLK 10 WILLOW RUN SEC 4
Census Tract533401
Assessed Land Value$56,023
Assessed Improvement Value$110,181
Assessment Year2025

About this property

Tour this wonderful 3 bedroom, 1.5 bath home in Acres Home neighborhood today! You'll fall in love with the wood grain floors and numerous windows that allow tons of natural light into the home making it so bright and cheery! Your new kitchen includes granite countertops, stainless steel gas cooking stove and dishwasher, plus you get a double sink and ample white cabinetry, all perfect for those that love to cook! Both bedrooms include plush carpet and spacious closets. An added bonus to the home is full sized washer/ dryer connections and the awesome private fenced in backyard with a covered patio. It's the perfect place to host your family and friends on the weekends Apply today so you don't miss out on this great home!!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,997
$166,204
2025
$56,023
$110,181
$166,204
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,997
$166,204

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stearns Lending Llc
Conventional
$154,800
No
First
Jan 24, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,160
$44,840
23%
77%
$929/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$929/mo
+$793/mo
11.2%

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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