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$490,395

NAL Estimated Property Value

16206 Lakewood Field Dr, Tomball, TX, 77377

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,314 Sq Ft
price_per_sqft$150.57 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesSide Yard, Sprinkler System
Lot Size11,382 sqft

Building Information

Year Built2006
Garage Spaces2

Land Information

APN1233590020028
Lot Number28
SubdivisionLakewood Grove
Land UseResidential
Legal DescriptionLT 28 BLK 2 LAKEWOOD GROVE SEC 9
Census Tract554702
Assessed Land Value$75,418
Assessed Improvement Value$414,977
Assessment Year2025

About this property

Charming & fully renovated home in the highly sought-after Lakewood Grove community in Tomball. This beautifully updated brick home offers fresh paint, new light fixtures, updated kitchen cabinets, & a luxurious primary bath with quartz countertops, new vanity, mood lighting, & a large spa-style shower. Soaring ceilings & tons of natural light create an inviting feel. Downstairs features a dedicated study, formal dining, while upstairs includes a spacious game room & media room wired for a projector. The secondary bath has a new vanity, & smart toilets are installed throughout. Additional highlights: whole-home generator, water filteration system, brand-new microwave, & a premium lot with no side neighbors. Garage is fully insulated with AC, epoxy floors, & a split garage door—perfect as a workshop, hangout space, or park up to 4 cars. Zoned to Tomball ISD with easy access to Hwy 249. Enjoy community amenities like a pool, clubhouse, parks, tennis courts, trails, & events.

Investor Tools

Property Icon
$490,395
Estimated Property Value
$272,603Estimated Mortgage Balance
$217,792Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$484/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,350
$490,395
2025
$75,418
$414,977
$490,395
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,350
$490,395

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Gibraltar Group Mortgage Llc
Conventional
$275,000
No
First
Nov 24, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,603
$217,792
44%
56%
$1,649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,860/mo
$2,249/mo
+$611/mo
7.0%

Learn About the Market: Opportunity in Texas

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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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16206 Lakewood Field Dr | Property Details | No Agent List