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B+

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Owner Contacts

$385,000

16423 Mesa Point Dr, Houston, TX, 77095

Off Market

4 Beds

3 Bath

2,562 Sq Ft

Single Family Residence

$153.79 / sqft

Built in 2003

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesENERGY STAR Qualified Appliances, Disposal, Water Softener Rented, Electric Oven, Oven, Microwave, Gas Range, Dishwasher

FlooringCarpet, Vinyl

Exterior

Lot Size9,910 sqft

Building Information

Year Built2003

Garage Spaces2

Land Information

APN1231530010036

Lot Number36

SubdivisionStone Gate

Land UseResidential

Legal DescriptionLT 36 BLK 1 STONE GATE SEC 14

Census Tract541008

Assessed Land Value$68,894

Assessed Improvement Value$310,283

Assessment Year2025

About this property

JUST REDUCED $5,000. This move-in ready home offers a NEW ROOF (DEC 23) plus $45,000 in RENOVATIONS incl; AC handler, home office (or 5th Bedroom), neutral Accessible Gray paint throughout, luxury vinyl floors in all living and wet areas, new kitchen w quartz counters, ceramic tile backsplash, farmhouse sink, two-tone shaker cabinets, sensor controlled faucet, stainless steel 5-burner gas range and dishwasher. The primary bath was also remodeled with similar finishes and a gorgeous shower. 2024 Home upgrades include upstairs bathroom w new flooring, paint, quartz counter, lighting, mirror and carpet in secondary bedrooms . You'll love the high ceilings, large windows and natural light in this home. This is an ideal place to entertain w a large Den, upstairs Game Room, covered Back Patio, firepit and huge yard for kids, pets and your future dream pool! This gated community is zoned to highly acclaimed Cy-Fair Schools with school bus pick-up / drop-off just down the block from this home!

Investor Tools

$385,000

Estimated Property Value

$312,000Estimated Mortgage Balance

$80,849Estimated Equity

19% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,364 /month

Positive

Cash Flow Estimate:

$788 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$338/month

$1,250/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,131

$379,177

2025

$68,894

$310,283

$379,177

Tax History

Year

Tax Paid

Assessed Value

2024

$2,131

$379,177

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Union Home Mortgage Corp

Conventional

$312,000

First

Dec 2, 2024

Jan 2055

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$304,151

$75,026

19%

79%

$1,871/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,640/mo

$3,121/mo

$-481/mo

8.2%

Learn About the Market: Opportunity in Houston

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