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1view

$221,000

16222 Sky Blue Ln, Houston, TX, 77095

Off Market

3 Beds

2 Bath

1,214 Sq Ft

Single Family Residence

$185.34 / sqft

Built in 1984

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Garage Available

Heating Central

Cooling

AppliancesDisposal, Gas Oven, Microwave, Free-Standing Range, Gas Range, Dishwasher

FlooringCarpet, Tile

Exterior

Lot Size6,930 sqft

Building Information

Year Built1984

Stories1

Garage Spaces2

Land Information

APN1124310000018

Lot Number18

SubdivisionSommerall

Land UseResidential

Legal DescriptionLT 18 BLK 1 SOMMERALL SEC 1

Census Tract541204

Assessed Land Value$49,313

Assessed Improvement Value$149,597

Assessment Year2025

About this property

This charming 3-bedroom, 2-bathroom home is a perfect blend of comfort and modern living. Meticulously maintained and thoughtfully updated, it offers a spacious and functional layout. The home features a large, beautiful backyard, perfect for outdoor gatherings, gardening, or simply relaxing in your private oasis. Inside, you'll find a bright and inviting living space with all the conveniences you need. The primary bedroom includes an ensuite bathroom for added privacy and comfort. Whether you're a or looking to downsize without compromising space, this home offers both style and practicality. Located in a friendly neighborhood with a community pool and playground just blocks away. Easy access to schools, shopping, and parks, it's the perfect place to call home. Don’t miss out on this property ready to welcome its next resident!

Investor Tools

$221,000

Estimated Property Value

$225,000Estimated Mortgage Balance

$977Estimated Equity

-2% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,350 /month

Positive

Cash Flow Estimate:

$450 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$334/month

$543/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

N/A

$198,910

2025

$49,313

$149,597

$198,910

Tax History

Year

Tax Paid

Assessed Value

2024

N/A

$198,910

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Texas Dow Employees Cu

Conventional

$225,000

First

Feb 24, 2025

Mar 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$220,023

N/A

100%

$1,349/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,040/mo

$1,892/mo

+$148/mo

11.1%

Learn About the Market: Opportunity in Houston

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Houston

Houston is one of the most economically diverse metros in the country — and one of its most globally connected. Known as the Energy Capital of the World, the city also anchors the Texas Medical Center, a massive port, and a thriving aerospace presence tied to NASA’s Johnson Space Center.

From refinery corridors to world-class hospitals, from international trade routes to master-planned suburbs like The Woodlands and Katy, Houston’s economy runs deep and wide. It’s a city built on industry, immigration, and resilience — with housing markets as varied as its population.

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