$237,223
NAL Estimated Property Value16215 Rapidcreek Dr, Houston, TX, 77053
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
Exterior
Lot Size6,900 sqft
Building Information
Year Built1972
Stories1
Roof Type105
Garage Spaces2
Land Information
APN6250-03-009-2300-907
Lot Number23
SubdivisionRidgemont Sec 3
Land UseResidential
Legal DescriptionRIDGEMONT SEC 3, BLOCK 9, LOT 23
Census Tract670101
Assessed Land Value$31,200
Assessed Improvement Value$208,481
Assessment Year2025
Investor Tools
$237,223
Estimated Property Value
$185,329Estimated Mortgage Balance
$51,894Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,423 /month
Positive
Cash Flow Estimate:
$474 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$251/month
$240/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,828
$237,223
2025
$31,200
$208,481
$239,681
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,828
$237,223
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Fha
$194,139
Yes
First
Nov 6, 2023
Dec 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$185,329
$51,894
21%
78%
$1,164/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$1,404/mo
+$506/mo
9.7%
