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$244,000

NAL Estimated Property Value

16215 Coral Bay St, Crosby, TX, 77532

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,938 Sq Ft
price_per_sqft$111.46 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size12,423 sqft

Building Information

Year Built1978
Garage Spaces2

Land Information

APN1053400000020
Lot Number20
SubdivisionNewport
Land UseResidential
Legal DescriptionLT 20 BLK 29 NEWPORT SEC 1
Census Tract251902
Assessed Land Value$53,164
Assessed Improvement Value$172,901
Assessment Year2025

About this property

Welcome to this charming 1-story home offering 3 bedrooms and 2 bathrooms, perfectly designed for both comfort and convenience. The well-appointed kitchen features an island, ideal for meal prep or casual dining, and opens to a cozy breakfast nook. The living room boasts a beautiful fireplace, creating a warm and inviting space for relaxation, while a separate dining room offers a formal setting for meals or entertaining guests. Both bathrooms include double vanities for added functionality. A convenient wet bar in the living area adds to the home’s entertaining appeal. The attached 2-car garage provides ample storage space with an additional storage closet for all your organizational needs. Outside, the spacious backyard is fully enclosed with a wood fence, providing privacy for outdoor activities, and a small courtyard at the entrance adds charm and curb appeal. The curved driveway completes the welcoming feel of this wonderful home. Don't miss out, schedule your showing today!

Investor Tools

Property Icon
$244,000
Estimated Property Value
$201,946Estimated Mortgage Balance
$42,054Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,464 /month
Positive
Cash Flow Estimate:
$488 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$228/month
$660/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,513
$226,065
2025
$53,164
$172,901
$226,065
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,513
$226,065

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Fha
$206,196
Yes
First
Mar 11, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,946
$38,054
15%
83%
$1,237/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,897/mo
$-175/mo
8.5%

Learn About the Market: Opportunity in Texas

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Explore

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: Crosby

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16215 Coral Bay St | Property Details | No Agent List