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$579,000

16215 Lakewood Grove Dr, Tomball, TX, 77377

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,610 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.05 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size11,848 sqft

Building Information

Year Built2000
Garage Spaces3

Land Information

APN1194730010038
Lot Number38
SubdivisionLakewood Grove
Land UseResidential
Legal DescriptionLT 38 BLK 1 LAKEWOOD GROVE SEC 3
Census Tract554702
Assessed Land Value$93,599
Assessed Improvement Value$387,112
Assessment Year2025

About this property

Welcome to your own slice of paradise in the highly desirable Lakewood Grove! This spacious home offers over 3,600 sq ft with 4 bedrooms, 3.5 baths, and a large game room on an oversized lot with a 3-car garage and potential to build additional space above the garage—perfect for a future guest or mother-in-law suite. Inside features fresh interior paint and new dining room flooring, creating a bright and welcoming feel. The backyard is an entertainer’s dream with a deep pool, oversized hot tub, palm trees, outdoor kitchen, and mosquito misting system. The home also includes a whole-home generator by Generac for added peace of mind. Located just a few houses from a beautiful duck pond and close to neighborhood amenities including a community pool, playground, walking and biking trails, stocked fishing ponds, and tennis and pickleball courts. Conveniently located near shopping, dining, and top-rated Tomball schools. Don’t miss this one—schedule your showing today!

Investor Tools

Property Icon
$579,000
Estimated Property Value
$416,800Estimated Mortgage Balance
$180,453Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$549/month
$660/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,692
$480,711
2025
$93,599
$387,112
$480,711
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,692
$480,711

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Open Mortgage Llc
Conventional
$416,800
No
First
Dec 15, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$398,547
$180,453
31%
69%
$2,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,860/mo
$3,159/mo
$-299/mo
5.9%

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: Tomball

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16215 Lakewood Grove Dr | Property Details | No Agent List