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$246,000

NAL Estimated Property Value

163 Old Bridge Lk, Houston, TX, 77069

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,034 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$107.67 / sqft
Year BuiltBuilt in 1977

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher

Exterior

Lot Size4,352 sqft

Building Information

Year Built1977
Stories2
Garage Spaces2

Land Information

APN1075620000163
Lot Number17,163
SubdivisionOld Bridge Lake
Land UseResidential
Legal DescriptionLT 163 017*O4560745-001-000-163 OLD BRIDGE LAKE
Census Tract552902
Assessed Land Value$42,151
Assessed Improvement Value$172,369
Assessment Year2025

About this property

Investors only, please! This dependable investment property is loaded with appealing and valuable features. The high ceilings with contrasting open beams and wood flooring gives a warm and inviting feeling. Large, airy windows provide ample natural lighting, and the beautiful private courtyard is the perfect place to relax and unwind. Three private patios off primary bedroom, kitchen, and front entry. Recent updates include hardwood floors in kitchen and new carpet in bedrooms, fresh paint throughout the home, Shaker-style, soft close cabinets with granite countertops, all new LG stainless steel kitchen appliances. Situated in a prime gated neighborhood and surrounded by restaurants, nightlife, and shopping at nearby Vintage Park or the North Oaks Shopping Center, this home presents an appealing combination of elegant design and convenience of location. Easy access to Hwy 249 and FM 1960 makes getting around town a breeze.

Investor Tools

Property Icon
$246,000
Estimated Property Value
$207,811Estimated Mortgage Balance
$38,189Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,476 /month
Positive
Cash Flow Estimate:
$492 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$199/month
$1,800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,164
$214,520
2025
$42,151
$172,369
$214,520
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,164
$214,520

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Academy Mortgage Corp
Fha
$211,105
Yes
First
Sep 23, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,811
$52,189
20%
84%
$1,359/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,900/mo
$3,159/mo
$-1,259/mo
9.3%

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.

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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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163 Old Bridge Lk | Property Details | No Agent List