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$253,893

NAL Estimated Property Value

16235 Sierra Grande Dr, Houston, TX, 77083

Off MarketInfo
Beds1 Beds
Baths3 Bath
Baths1,992 Sq Ft
price_per_sqft$97.89 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Deal ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,386 sqft

Building Information

Year Built1978
Stories2
Roof Type105
Garage Spaces2

Land Information

APN5025-03-005-0230-907
Lot Number23
SubdivisionMission Bend South Sec 3
Land UseResidential
Legal DescriptionMISSION BEND SOUTH SEC 3, BLOCK 5, LOT 23
Census Tract672604
Assessed Land Value$77,805
Assessed Improvement Value$176,088
Assessment Year2025

About this property

Beautifully maintained single-story home located in a quiet, established neighborhood near Highway 6 and Bellaire Blvd. This 3-bedroom, 2-bath residence offers an open-concept layout with spacious living and dining areas, high ceilings, and abundant natural light. Features include updated flooring, fresh interior paint, and modern light fixtures. The kitchen provides generous counter space, updated cabinetry, and stainless-steel appliances. The primary suite includes a walk-in closet and a private full bath. Exterior highlights include a two-car garage, well-kept landscaping, and a fully fenced backyard ideal for outdoor living.

Investor Tools

Property Icon
$253,893
Estimated Property Value
$215,923Estimated Mortgage Balance
$253,893Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,523 /month
Positive
Cash Flow Estimate:
$508 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$440/month
$462/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,009
$253,893
2025
$77,805
$176,088
$253,893
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,009
$253,893

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nfm Lending
Conventional
$217,500
No
First
Dec 11, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,923
$37,970
14%
85%
$1,305/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,767/mo
$-45/mo
8.1%

City: Houston

16235 Sierra Grande Dr | Property Details | No Agent List