$215,000
NAL Estimated Property Value16246 Corsair Road, Houston, TX, 77053
Off Market
Property Lead Type:
High Equity
Highlights
Interior
AppliancesDisposal
FlooringCarpet, Tile
Exterior
Lot Size8,082 sqft
Building Information
Year Built1982
Stories1
Roof Type105
Garage Spaces2
Land Information
APN6200-03-015-0620-907
Lot Number62
SubdivisionRidgegate S/D Sec 3
Land UseResidential
Legal DescriptionRIDGEGATE S/D SEC 3, BLOCK 15, LOT 62
Census Tract670202
Assessed Land Value$33,540
Assessed Improvement Value$163,952
Assessment Year2025
About this property
Beautiful corner lot 3 bedroom, 2 full bath home! Fireplace and large fenced backyard. Split floor plan.
Investor Tools
$215,000
Estimated Property Value
$127,704Estimated Mortgage Balance
$87,296Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$193/month
$150/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,237
$194,832
2025
$33,540
$163,952
$197,492
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,237
$194,832
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$138,801
No
First
Feb 22, 2022
Mar 2052
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,704
$87,296
40%
59%
$833/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$983/mo
+$927/mo
10.7%
