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Owner Contacts

$434,495

NAL Estimated Property Value

16335 Laurelfield Dr, Houston, TX, 77059

Off Market

4 Beds

4 Bath

2,825 Sq Ft

Single Family Residence

$141.56 / sqft

Built in 1977

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDisposal, Double Oven, Microwave, Electric Cooktop, Dishwasher, Dryer, Refrigerator, Washer

FlooringCarpet, Tile

Exterior

Private Pool

Lot Size9,692 sqft

Building Information

Year Built1977

Stories2

Garage Spaces2

Land Information

APN1079930000017

Lot Number17

SubdivisionBrook Forest

Land UseResidential

Legal DescriptionLT 17 BLK 85 BROOK FOREST SEC 2

Census Tract340302

Assessed Land Value$75,183

Assessed Improvement Value$359,312

Assessment Year2025

About this property

UPCOMING OPEN HOUSES: Friday, 1/5/2024, 11-2 pm, Saturday, 1/6/2024 2-4 pm, Sunday, 1/7/2024 11-2 pm. No Flooding-X Flood zone, Low Tax Rate & Low HOA. Award Winning CCISD Schools. Gorgeous back yard oasis w/beautiful palm trees, heated pool/hot tub & large extended covered patio w/breezeway to detached garage. Home recently electrical upgraded & rewired, recent inner/outer HVAC & Ductwork, blown-in insulation, radiant barrier solar shield & most rooms freshly painted. The stately crown molding & plantation shutters light up with the recessed lighting. Spacious den off the kitchen offers a wall of windows overlooking the beautiful back oasis. Wood-Like tile flooring, kitchen w/double oven, stainless refrigerator & wine cooler. Master retreat offers a large wall of built-in drawers & cabinets, an attached library w/French doors, en-suite bath w/double sinks, large spa shower & three large walk in closets.

Investor Tools

$434,495

Estimated Property Value

$313,713Estimated Mortgage Balance

$120,782Estimated Equity

27% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,607 /month

Positive

Cash Flow Estimate:

$869 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$495/month

$450/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,769

$434,495

2025

$75,183

$359,312

$434,495

Tax History

Year

Tax Paid

Assessed Value

2024

$3,769

$434,495

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$327,000

First

Feb 7, 2024

Mar 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$313,713

$120,782

27%

72%

$1,961/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,340/mo

$2,411/mo

+$929/mo

9.2%

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