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B+
NoAgentList RatingHow are grades calculated?Info

$400,000

NAL Estimated Property Value

16222 Wilmington Park Ln, Houston, TX, 77084

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,815 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.92 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Refrigerator, Dishwasher
FlooringCarpet, Laminate, Tile, Wood

Exterior

Lot Size12,554 sqft

Building Information

Year Built2005
Garage Spaces2

Land Information

APN1270420020010
Lot Number10
SubdivisionBerkshire
Land UseResidential
Legal DescriptionLT 10 BLK 2 BERKSHIRE SEC 10
Census Tract541401
Assessed Land Value$66,435
Assessed Improvement Value$265,406
Assessment Year2025

About this property

PICTURES FROM PREVIOUS LISTING. Currently doing cosmetics updates. Welcome to your next rental retreat! This inviting 2-story home boasts 5 bedrooms, 3 full bathrooms, and 1 powder room. The first floor features a spacious primary bedroom with a walk-in closet and a luxurious bathroom offering double sinks, a jetted tub, and a standing shower. Ideal for entertaining, the formal living and dining rooms provide a touch of sophistication, while the cozy family room with a gas fireplace is perfect for casual gatherings. The well-equipped kitchen, complete with granite countertops, caters to your culinary needs. Upstairs, enjoy the comfort of carpeted bedrooms for added coziness. Step outside to the large backyard, creating a great space for outdoor activities and relaxation. This rental property combines elegance and functionality in a desirable location. Don't miss out on the chance to call it home! Note, all measurements are estimates and should be independently verified by tenants.

Investor Tools

Property Icon
$400,000
Estimated Property Value
$132,515Estimated Mortgage Balance
$267,485Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,400 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$334/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,008
$331,841
2025
$66,435
$265,406
$331,841
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,008
$331,841

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security National Mortgage Co
Conventional
$166,400
No
First
Sep 9, 2016
Oct 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$132,515
$267,485
66%
33%
$998/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$998/mo
+$1,642/mo
7.9%

Learn About the Market: Opportunity in Houston

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.2%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$261,700

Unemployment Rate

Unemployment Rate

4.10%

Price Trend

Price Trend

~2–4% YoY growth

New Permits

New Permits

~6,800 units

City: Houston

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16222 Wilmington Park Ln | Property Details | No Agent List