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$230,000

NAL Estimated Property Value

16219 Spinnaker Dr, Crosby, TX, 77532

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,841 Sq Ft
price_per_sqft$116.78 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringCarpet, Vinyl

Exterior

Lot Size9,840 sqft

Building Information

Year Built1977
Stories1
Garage Spaces2

Land Information

APN1053150000004
Lot Number4
SubdivisionNewport
Land UseResidential
Legal DescriptionLT 4 BLK 4 NEWPORT SEC 1
Census Tract251902
Assessed Land Value$51,744
Assessed Improvement Value$155,055
Assessment Year2025

About this property

Cute one story brick home in Newport with a ton of potential! As you enter the front door you are greeted with a beautiful floor to ceiling brick fireplace, centered in the large living room/family room. The bedrooms are a split floorpan style, having the master on one side of the house and the additional bedrooms on the other. Very functional floor plan. The backyard is a great size, and fully fenced. Home needs some updating and TLC but is in overall good condition!

Investor Tools

Property Icon
$230,000
Estimated Property Value
$215,213Estimated Mortgage Balance
$14,787Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
$55/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,459
$206,799
2025
$51,744
$155,055
$206,799
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,459
$206,799

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sun West Mortgage Company Inc
Fha
$217,438
Yes
First
Mar 14, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,213
$22,787
9%
94%
$1,344/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$1,399/mo
+$827/mo
11.6%

City: Crosby

16219 Spinnaker Dr | Property Details | No Agent List