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$198,535

NAL Estimated Property Value

16319 Clearmont Dr, Houston, TX, 77053

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,177 Sq Ft
price_per_sqft$148.68 / sqft
Year BuiltBuilt in 1976

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
AppliancesElectric Range
FlooringTile

Exterior

Lot Size8,510 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces2

Land Information

APN6250-04-026-0280-907
Lot Number28
SubdivisionRidgemont Sec 4
Land UseResidential
Legal DescriptionRIDGEMONT SEC 4, BLOCK 26, LOT 28
Census Tract670102
Assessed Land Value$37,037
Assessed Improvement Value$161,498
Assessment Year2025

About this property

This 3-bedroom, 2-bath home with a 2-car garage is full of potential and ready for its next owner! Situated on a desirable corner lot, the property offers a generously sized yard perfect for family gatherings, outdoor entertaining, or simply enjoying extra space and privacy. A/C unit is 4 years old and Pex Plumbing installed 2 years ago. Whether you’re looking for a great family home or a smart investment opportunity, this property checks all the boxes. With its functional layout and strong rental potential, it’s ideal for those seeking to lease or create a comfortable place to call home. Room sizes are approximate. A must-see to truly appreciate all it has to offer!

Investor Tools

Property Icon
$198,535
Estimated Property Value
$122,436Estimated Mortgage Balance
$76,099Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,191 /month
Positive
Cash Flow Estimate:
$397 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$327/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,936
$198,535
2025
$37,037
$161,498
$198,535
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2025
$2,936
$198,535

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citadel Servicing Corporation
Conventional
$127,000
No
First
May 31, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$122,436
$76,099
38%
62%
$762/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,910/mo
$1,002/mo
+$908/mo
11.5%

City: Houston