$270,000
NAL Estimated Property Value16427 Spinnaker Dr, Crosby, TX, 77532
$270,470 ARV
Off Market
Property Lead Type:
BankruptcyAbsentee Owner
Highlights
Interior
AppliancesElectric Oven, Electric Range
FlooringCarpet
Exterior
Lot Size10,585 sqft
Building Information
Year Built1976
Stories1
Garage Spaces3
Land Information
APN1053180000012
Lot Number12
SubdivisionNewport
Land UseResidential
Legal DescriptionLT 12 BLK 7 NEWPORT SEC 1
Census Tract251902
Assessed Land Value$52,153
Assessed Improvement Value$210,187
Assessment Year2025
About this property
Stunning spacious 1 story home on a corner lot. Kitchen has lots of counter space with granite counters and is open to the living room and formal dining. Enclosed back patio with a hot tub. This house has a lot of potential and is priced accordingly. Call to schedule your private tour.
Investor Tools
$270,000
Estimated Property Value
$182,908Estimated Mortgage Balance
$87,092Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$270,470
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,620 /month
Positive
Cash Flow Estimate:
$540 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$214/month
$600/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,212
$262,340
2025
$52,153
$210,187
$262,340
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,212
$262,340
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Frost Bank
Unknown
$188,815
No
First
Aug 28, 2024
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,908
$81,092
30%
68%
$1,133/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,722/mo
$1,733/mo
$-11/mo
7.7%
