$234,000
NAL Estimated Property Value16319 Royal Mile Ln, Houston, TX, 77084
Off Market
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesDisposal, Electric Oven, Electric Cooktop, Dishwasher
FlooringCarpet, Tile
Exterior
Lot Size7,148 sqft
Building Information
Year Built1974
Stories1
Garage Spaces1
Land Information
APN1055380000012
Lot Number12
SubdivisionGlencairn
Land UseResidential
Legal DescriptionLT 12 BLK 2 GLENCAIRN SEC 1
Census Tract541603
Assessed Land Value$56,568
Assessed Improvement Value$154,647
Assessment Year2025
About this property
Well maintained three bedroom home in Glencairn Village, zoned to Cy-Fair ISD. New roof, Foundation work just completed. Fresh exterior and interior paint. Updated bathrooms and kitchen. New quartz countertops, new sink & faucet, new appliances, new water heater, new carpet in bedrooms, new insulated garage door, spring, and auto opener. Separate dining area with kitchen open to living area with fireplace. Covered back patio area. Storage shed included. Never flooded! March 2025 Repairs - New Roof, Foundation work, Electrical up to code.
Investor Tools
$234,000
Estimated Property Value
$234,397Estimated Mortgage Balance
$234,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$229/month
$375/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,583
$211,215
2025
$56,568
$154,647
$211,215
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,583
$211,215
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sente Mortgage Inc
Fha
$238,598
Yes
First
May 15, 2025
Jun 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,397
$603
0%
100%
$1,431/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,040/mo
$1,806/mo
+$234/mo
10.5%
