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$339,000

16415 Lakestone Dr, Tomball, TX, 77377

Under ContractInfo
Beds4 Beds
Baths3 Bath
Baths2,862 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.45 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,817 sqft

Building Information

Year Built1991
Garage Spaces2

Land Information

APN1159970050024
Lot Number24
SubdivisionLakewood Park
Land UseResidential
Legal DescriptionLT 24 & TR 25A BLK 5 LAKEWOOD PARK SEC 2
Census Tract554600
Assessed Land Value$63,762
Assessed Improvement Value$310,556
Assessment Year2025

About this property

Located in the established Lakewood Park community, this traditional two-story home offers 4 bedrooms, 3.5 baths and 2,862 square feet of flexible living space. The first floor features a spacious 24-foot den with a fireplace, a functional kitchen and a privately situated primary suite. Upstairs, three generously sized secondary bedrooms provide plenty of room for guests, a home office or hobbies. A three-car attached garage offers excellent parking and storage, while the 8,820-square-foot lot provides additional outdoor space. Zoned to Tomball ISD and conveniently located near shopping, dining and major commuter routes, this home combines space, versatility and value in a well-established Tomball neighborhood. Schedule your private showing today!

Investor Tools

$146,225Estimated Mortgage Balance
$228,093Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,246 /month
Positive
Cash Flow Estimate:
$749 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$427/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,249
$374,318
2025
$63,762
$310,556
$374,318
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,249
$374,318

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southpoint Financial Services Inc
Stand Alone First / Home Equity First Lien
$192,000
No
First
Jul 28, 2015
Aug 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,225
$228,093
60%
39%
$1,152/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,860/mo
$1,577/mo
+$1,283/mo
9.2%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Tomball

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16415 Lakestone Dr | Property Details | No Agent List