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$326,000

NAL Estimated Property Value

16310 Mill Point Drive, Houston, TX, 77059

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,686 Sq Ft
price_per_sqft$148.28 / sqft
Year BuiltBuilt in 1975

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Electric Range, Dishwasher
FlooringCarpet, Tile

Exterior

Lot Size7,244 sqft

Building Information

Year Built1975
Stories1
Garage Spaces1

Land Information

APN1053890000013
Lot Number13
SubdivisionMiddlebrook
Land UseResidential
Legal DescriptionLT 13 BLK 54 MIDDLEBROOK SEC 1
Census Tract340302
Assessed Land Value$60,541
Assessed Improvement Value$254,217
Assessment Year2025

About this property

Cute 4-bedroom home in Clear Lake City's Middlebrook subdivision. Improvements include kitchen and bathroom cabinetry, double paned windows and PEX plumbing. Formal living room/flex space at the front of the house. Charming brick fireplace in the family room. The kitchen offers solid surface countertops, a stainless steel range, and plenty of prep space. Refrigerator included. Sunny breakfast room features bay windows and overlooks backyard. All four bedrooms are on the opposite side of the house. Long hallway with extra storage closets is a nice bonus. Step outside onto a cute covered patio that's perfect for grilling or entertaining. Plenty of yard space to run and play. This home is just a few doors away from a beautiful walking path along the bayou and is within easy walking distance to the neighborhood pool, park, and tennis courts. Great location with nearby retail and close proximity to I-45. Children here attend highly rated CCISD schools including Clear Lake High School.

Investor Tools

Property Icon
$326,000
Estimated Property Value
$217,838Estimated Mortgage Balance
$108,162Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,956 /month
Positive
Cash Flow Estimate:
$652 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$435/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,593
$314,758
2025
$60,541
$254,217
$314,758
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,593
$314,758

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$239,000
No
First
Sep 7, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,838
$108,162
33%
67%
$1,433/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$1,883/mo
+$1,457/mo
12.3%

City: Houston

16310 Mill Point Drive | Property Details | No Agent List