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$331,000

NAL Estimated Property Value

16319 Rainbow Lake Rd, Houston, TX, 77095

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,276 Sq Ft
price_per_sqft$153.25 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Microwave, Gas Cooktop, Dishwasher, Dryer, Washer, Cooktop
FlooringCarpet, Laminate, Tile

Exterior

Lot Size7,706 sqft

Building Information

Year Built1987
Garage Spaces1

Land Information

APN1165350020036
Lot Number36
SubdivisionCopperfield Southcreek Village
Land UseResidential
Legal DescriptionLT 36 BLK 2 COPPERFIELD SOUTHCREEK VILLAGE SEC 5
Census Tract541205
Assessed Land Value$74,430
Assessed Improvement Value$253,633
Assessment Year2025

About this property

PRISTINE PERFECTION AT ITS BEST! YOU WILL ABSOLUTELY FALL IN LOVE WITH THIS "AWARD WINNING" ONE STORY CUSTOM CLASSIC PERRY HOME*THIS LARGE 4 BEDROOM OPEN PLAN IS ONE THEIR MOST POPULAR DESIGNS WITH ITS DUAL SPLIT PLAN*WALK IN THROUGH THE EXPANSIVE FOYER AND NOTICE THE "WALL OF WINDOWS" THAT OVERLOOK YOUR GORGEOUS BACKYARD*THE PRIMARY SUITE IS IDEALLY LOCATED TOWARD THE BACK OF THE HOME WITH AN ENSUITE BATH INCL: JACUZZI TUB, NEW GRANITE COUNTERS, UNDERMOUNT SINKS, NEW HARDWARE AND FIXTURES TO COMPLETE THE LOOK*THE KITCHEN IS IMMEDIATELY OFF THE FOYER W NEW GRANITE COUNTERS,GAS RANGE, PENDANT LIGHTING AND UNDERCABINET LIGHTING*NEW AC (2018) NEWER ROOF (2017) VINYL FLOORING IN PRIMARY BEDROOM, OFFICE & GUEST BATH, NEW FRIEZE CARPET IN BEDROOMS AND HALL (THIS WEEK) SOUTHCREEK VILLAGE IS IDEALLY LOCATED CLOSE TO HIGHLY RATED CY-FAIR SCHOOLS, EXCELLENT DINING, SHOPPING, POOLS AND PARKS*DO NOT HESITATE ON MAKING THIS BEAUTY YOURS...TODAY!!!

Investor Tools

Property Icon
$331,000
Estimated Property Value
$251,970Estimated Mortgage Balance
$79,030Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,093 /month
Positive
Cash Flow Estimate:
$698 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$315/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,131
$328,063
2025
$74,430
$253,633
$328,063
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,131
$328,063

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Laraby Financial Group Inc
Conventional
$270,400
No
First
Sep 27, 2022
Oct 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,970
$82,030
24%
76%
$1,622/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$2,222/mo
+$418/mo
9.6%

City: Houston

16319 Rainbow Lake Rd | Property Details | No Agent List