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$859,000

16347 Cascade Caverns Ln, Houston, TX, 77044

On MarketInfo
Beds4 Beds
Baths5 Bath
Baths5,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.18 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesENERGY STAR Qualified Appliances, Disposal, Oven, Microwave, Gas Cooktop, Dishwasher
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony
Lot Size15,873 sqft

Building Information

Year Built2010
Garage Spaces3

Land Information

APN1292400030004
Lot Number4
SubdivisionSummerwood
Land UseResidential
Legal DescriptionLT 4 BLK 3 SUMMERWOOD SEC 30
Census Tract252002
Assessed Land Value$87,187
Assessed Improvement Value$542,820
Assessment Year2025

About this property

WOW! This is a stunning 4 bedroom, 4 1/2 bath with perfect cinematic media room, tons of builder upgrades, on a large lot and NO BACK neighbors. This beautifully maintained home has windows galore with a tiered ceiling entrance and a sweeping Romeo and Juliet style staircase. The open and inviting kitchen (bring your chef!) has impressive granite counters, stainless steel appliances and a stove inset encased in stone. Just off the kitchen is a sunroom and breakfast area. The towering fireplace is floor to ceiling & stone front. Enjoy the convenience of dual staircases, a formal dining room, study/bonus room an open game room w balcony that overlooks the back yard. The bedrooms have walk in closets and granite, double sinks in guest bath. This is a home built by Award Winning J PATRICK HOMES, known for luxury amenities and finishes throughout the home. There's much more to see, schedule a showing today! Located in Summerwood only a short distance from Lake Houston, near everything.

Investor Tools

$192,530Estimated Mortgage Balance
$657,470Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,154 /month
Positive
Cash Flow Estimate:
$1,718 /month

Interested in this property?

Nick Janke

Janke & Co Properties

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$674/month
$795/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,834
$630,007
2025
$87,187
$542,820
$630,007
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,834
$630,007

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Stearns Lending Llc
Conventional
$218,500
No
First
Apr 16, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,530
$657,470
77%
23%
$1,311/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,790/mo
$2,106/mo
+$684/mo
3.9%

City: Houston