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$186,000

NAL Estimated Property Value

16203 Rapidcreek Dr, Houston, TX, 77053

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,358 Sq Ft
price_per_sqft$162 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size6,900 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6250-03-009-2000-907
Lot Number20
SubdivisionRidgemont Sec 3
Land UseResidential
Legal DescriptionRIDGEMONT SEC 3, BLOCK 9, LOT 20
Census Tract670101
Assessed Land Value$31,200
Assessed Improvement Value$177,544
Assessment Year2025

About this property

This 3-bedroom, 2-bathroom home is located in the Ridgemont subdivision and is zoned to Fort Bend ISD. The owners have lived here for approximately 20 years and have maintained the home in great condition. The kitchen has been updated, and the home has tile throughout the kitchen, living & dining areas. Schools and retail & grocery stores are just minutes away. Home is conveniently located near 2234/McHard Rd. and Beltway-8, allowing easy access to all major highways. Benefit from the low tax rate while living near the Pearland area, located about 7 minutes away, and the Medical Center & Museum District, which are located about 20 minutes away. Contact us to schedule your showing today!

Investor Tools

Property Icon
$186,000
Estimated Property Value
$0Estimated Mortgage Balance
$186,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$153/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$905
$171,007
2025
$31,200
$177,544
$208,744
No

Tax History

Year
Tax Paid
Assessed Value
2025
$905
$171,007

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$186,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$250/mo
+$1,660/mo
12.3%

City: Houston

16203 Rapidcreek Dr | Property Details | No Agent List