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$303,000

NAL Estimated Property Value

16411 Salinas Ln, Houston, TX, 77095

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,316 Sq Ft
price_per_sqft$116.58 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size5,685 sqft

Building Information

Year Built1986
Garage Spaces2

Land Information

APN1162390050004
Lot Number4
SubdivisionWheatstone Vlg Cloverfield
Land UseResidential
Legal DescriptionLT 4 BLK 5 WHEATSTONE VLG CLOVERFIELD
Census Tract541205
Assessed Land Value$53,439
Assessed Improvement Value$229,466
Assessment Year2025

About this property

Single family 4 bedroom 2 story home.

Investor Tools

Property Icon
$303,000
Estimated Property Value
$245,262Estimated Mortgage Balance
$57,738Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,818 /month
Positive
Cash Flow Estimate:
$606 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$303/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,116
$282,905
2025
$53,439
$229,466
$282,905
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,116
$282,905

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Magnolia Bank
Conventional
$265,109
No
First
May 2, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,262
$51,738
17%
81%
$1,590/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,640/mo
$1,590/mo
+$1,050/mo
10.5%

City: Houston

16411 Salinas Ln | Property Details | No Agent List