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$246,000

NAL Estimated Property Value

16250 Rancho Blanco Dr, Houston, TX, 77083

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths1,692 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.17 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Microwave, Dishwasher
FlooringLaminate

Exterior

Lot Size6,050 sqft

Building Information

Year Built1981
Stories1
Garage Spaces2

Land Information

APN1143660020012
Lot Number12
SubdivisionMission Bend North
Land UseResidential
Legal DescriptionLT 12 BLK 2 MISSION BEND NORTH SEC 3
Census Tract454200
Assessed Land Value$51,975
Assessed Improvement Value$184,325
Assessment Year2025

About this property

Welcome to charming House .Home offer with 5 bedrooms and 2 baths, high ceiling and with extra Nice backyard . Home with fully upgrade New bathrooms , New Kitchen Granite Countertops , New light fixtures, luxury flooring, fresh interior paint, beautiful kitchen backsplash and Granite Countertops turns it look Modern, Cozy and Unique. The bedrooms are nicely sized and have ample closet space and has nicely huge backyard. Home located in convenient location, 8 minutes to the Walmart Supercenter, 10 minutes T.J.Maxx & HomeGoods, Target, Home Depot, and 15 minutes to the Asian town center and Chinatown. Very low tax. Don’t miss it. This property won’t last long!

Investor Tools

Property Icon
$246,000
Estimated Property Value
$136,903Estimated Mortgage Balance
$109,097Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$247/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,728
$236,300
2025
$51,975
$184,325
$236,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,728
$236,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amwest Funding Corp
Conventional
$140,000
No
First
Feb 20, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$136,903
$99,397
42%
56%
$840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,226/mo
$840/mo
+$1,386/mo
10.9%

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.

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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16250 Rancho Blanco Dr | Property Details | No Agent List