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B+
NoAgentList RatingHow are grades calculated? Info

$512,000

16250 Summer Aster Trl, Hockley, TX, 77447

$646,421 ARVInfo
Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$138.13 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,098 sqft

Building Information

Year Built2024
Garage Spaces2

Land Information

APN1472890020010
Lot Number10
Land UseResidential Single Family
Legal DescriptionLT 10 BLK 2 GRAND PRAIRIE SEC 5
Census Tract543100
Assessed Land Value$89,051
Assessed Improvement Value$274,139
Assessment Year2025

About this property

Like-new (lived in 6 months), offering the new-home feel without the wait—priced $70,000 below comparable new construction in the community (per recent builder Elegant two-story with 5 bedrooms, 4.5 baths and a 3-car tandem garage. The main level features a luxe primary suite with dual walk-in closets and spa-style bath, plus a secondary bedroom with private bath, ideal for guests or multigenerational living. A private study, formal dining, and a spacious island kitchen flow into the open-concept family room. Upstairs: a game room, media room, and three additional bedrooms with two full baths. Enjoy the covered patio and the convenience of The Grand Prairie’s location, about 36 miles to Downtown Houston and under 3 miles to Hwy 290. Master-planned community with planned amenities including pools, parks, playgrounds, and pickleball.

Investor Tools

Property Icon
$512,000
Estimated Property Value
$462,400Estimated Mortgage Balance
$59,132Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$646,421
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,149 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$266/month
$1,200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$628
$363,190
2025
$89,051
$274,139
$363,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$628
$363,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nmsi Inc
Conventional
$462,400
No
First
Mar 26, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$452,868
$59,132
11%
88%
$2,773/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Hockley

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16250 Summer Aster Trl | Property Details | No Agent List